Shares in companies holding large Bitcoin reserves may be approaching the end of a long period of stagnation, following new signals.
Financial services firm River said that small and midsize businesses are increasingly reinvesting their profits into Bitcoin.
CIMG Inc. has raised $55 million in a share sale to strengthen its crypto reserves, becoming the latest firm this week to expand into Bitcoin.
Lib Work plans to purchase Bitcoin for its corporate treasury, joining a growing list of non-crypto companies embracing digital assets.
The strategy of holding Bitcoin as a corporate treasury asset may not be as sustainable as many expect, warns Glassnode lead analyst.
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