Another US Company Decides to Add Bitcoin to Its Treasury: Following in the Footsteps of Strategy and Tesla!

Las Vegas-based modular home manufacturer BOXABL has announced that it has included Bitcoin in its official treasury reserve strategy. The company stated that it would buy out Bitcoin with a portion of its assets, following in the footsteps of leading players in the industry such as Tesla, Coinbase, MicroStrategy, and Michael Saylor.

Company officials pointed out that cash reserves in USD could lose value due to inflation, stating that Bitcoin offers long-term value appreciation potential. The accessibility of Bitcoin in terms of liquidity, being as accessible as cash, and its potential to gain value over time were significant factors in the company's decision to make this strategic move.

BOXABL not only embraces the use of cryptocurrency in investments but also in its sales. Customers who want to purchase its products can make payments with cryptocurrencies.

The company stated the following reasons for adopting its BTC strategy in the press release it published:

• Protection against inflation and currency devaluation,
• Portfolio diversification,
• Capital value increase,
• Liquidity and flexibility,
• Reducing counterparty risk,
• Financial innovation and capital formation,
• Resilience against economic shocks.