Tag: Bitcoin treasury

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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