Corporate Bitcoin Treasuries: Hype or Risk?

Companies adopting Bitcoin as a treasury asset are often seen as desperate gimmicks, rather than genuine innovation. This trend, driven by weak fundamentals and declining businesses, mirrors the ICO craze of 2017. The issue lies with corporations treating Bitcoin as a PR strategy, not a long-term asset, creating systemic risk for investors. The advice for individuals is to own Bitcoin directly, as the majority of corporate treasuries are likely to fail.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.