The encryption mining company Strategy has once again increased its investment in Bitcoin, recently spending over $50 million to acquire about 1,200 coins. The company's CFO stated that this move anchors Bitcoin's "digital gold" attribute, aiming to optimize asset allocation to hedge against fiat fluctuation risks. As one of the top three publicly listed companies in the US by coin holding, its continuous increase in holdings conveys traditional enterprises' confidence in crypto assets and also boosts discussions in the market about Bitcoin's hedging functionality.

BTC-0.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)