Why Are US Companies Suddenly Cozying Up to Bitcoin? The Answer Will Surprise You! 🚀

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Lu Yeung and Breanne Dougherty, those seers of Bloomberg Intelligence, whisper softly that Bitcoin might just shrug off its rebellious youth and become the darling of public companies’ treasury halls—its resilience a cloak against the storm.

True, this wild child of cyberspace still dances awkwardly in the ballroom with the U.S. stock market, but after the enigmatic “Liberation Day,” it seems to have pirouetted away, leaving Wall Street puzzled.

Against the thunder of tariff battles, Bitcoin has shown an almost impish sturdiness, sparking buzzing rumors that it’s staging a grand escape from the market’s puppeteer strings.

Astonishingly, its volatility over ten days is gentler than the mood swings of major stock indices—like a zen master in a ring of anxious financiers.

Yeung and Dougherty suggest corporate honchos might do well to “revisit” their ancient scrolls and ponder whether this digital phoenix might outlast the mighty U.S. dollar amid the chaos of macroeconomic riddles.

According to U.Today’s crystal ball, Bitwise—the guardian of crypto coffers—counts nearly 700,000 Bitcoins snugly held by public companies as of Q1. And just in the last quarter, a dozen more companies jumped aboard the Bitcoin express, pushing the tally to a staggering 711,000 BTC.

Strategy, the goliath of Bitcoin hoarders, clutches a colossal $35.6 billion worth—enough to make any dragon jealous.

In a plot twist worthy of a financial thriller, Strategy dropped a cool $556 million on Bitcoin just this Monday, proving that in this game, the stakes keep rising—with bitcoin miners probably smirking all the while. 😏

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2025-04-23 18:27