Treasuries are stacking Bitcoin: PR trick or solid technique?
As Bitcoin enters mainstream financing, more public business are including the cryptocurrency to their treasuries– however not without controversy.
As Bitcoin continues its rise into mainstream finance, a growing number of public business are including the cryptocurrency to their treasuries– however not without debate. Coin Bureau founder Nic Puckrin on X revealed doubts that the “random” companies launching Bitcoin treasuries will not offer their BTC in the bear market. The study points out such policies consisting of: The Securities and Exchange Commission’s approval of Bitcoin ETFs The EU’s MiCA framework adoption The Financial Accounting Standards Board’s rule change from 2023, which enabled Bitcoin holding business to account for and represent worth in their financial statements more exactly.
As Bitcoin continues its rise into mainstream financing, a growing number of public business are including the cryptocurrency to their treasuries– but not without debate. ‘Dumpster fire in the making’ Reporter and expert Sean Williams expressed his concerns over the possible failure of the Bitcoin treasury business, citing the absence of development and functional success as the motorists of the prospective bust. Coin Bureau founder Nic Puckrin on X expressed doubts that the “random” companies launching Bitcoin treasuries will not sell their BTC in the bear market. In an extensive study, Fidelity experts note that the last 5 years saw a boost in publicly traded business that assign part of their capital in Bitcoin, which is seen as a hedge versus increasing financial deficits, fiat currency debasement, and dangers associated with geopolitical turbulence. The research study points out such regulations including: The Securities and Exchange Commission’s approval of Bitcoin ETFs The EU’s MiCA framework adoption The Financial Accounting Standards Board’s guideline change from 2023, which permitted Bitcoin holding business to account for and represent worth in their financial declarations more specifically.
