By 2030, about a quarter of companies in the S&P 500 may invest in Bitcoin, according to Elliot Chun from Architect Partners. He highlights that treasury managers are feeling pressure to consider Bitcoin investments to avoid job risks if their firms miss out on potential gains. While currently only Tesla and Block hold Bitcoin among ...
Bitcoin is increasingly being embraced by various sectors, including governments and businesses, which is changing how companies manage digital assets. Three leading U.S. firms—Strategy (MSTR), Marathon Digital Holdings (MARA), and Riot Platforms (RIOT)—are at the forefront of using Bitcoin as a treasury asset. Each company has unique strategies; MSTR has amassed nearly 500,000 BTC, while ...
As Bitcoin gains traction among governments, institutions, and individuals, it is transforming how companies approach crypto strategies. Three U.S. firms—Strategy, Marathon Digital Holdings, and Riot Platforms—are leading the charge in using Bitcoin as a treasury asset. Strategy, known for its aggressive Bitcoin accumulation, holds nearly 500,000 BTC and has seen its stock soar. Marathon combines ...
Workday has announced that job cuts affecting 1,750 employees, about 8.5% of its workforce, are due to its restructuring plan led by CEO Carl Eschenbach. The organization is redirecting savings into developing its new Agent System of Record platform, aimed at managing AI agents securely within businesses. Despite the layoffs, Workday plans to hire for ...
MicroStrategy, a software company turned major Bitcoin investor, is encouraging many other companies to buy and hold Bitcoin in their corporate finances. This shift is intended to improve struggling share prices. Over 78 global companies, including pharmaceutical firms, are following MicroStrategy’s lead, influenced by its founder Michael Saylor’s belief in Bitcoin’s rising value. Recent trends ...
Rumble Inc. has made headlines by purchasing its first Bitcoin ahead of Donald Trump’s inauguration on January 20. This move follows the company’s plan to invest $20 million in Bitcoin based on Market conditions. Bitcoin reached a record high of over $109,000 around the same time. Rumble aims to use Bitcoin as a hedge against ...
Genius Group Ltd. saw its stock price rise by 11%, reaching about $0.72, after announcing an expansion of its Bitcoin Treasury to $30 million. This increase, which includes a new $10 million investment, takes the total Bitcoin holdings to 319.4 BTC. Since acquiring its first Bitcoin in November, the company has reported an impressive yield ...
MicroStrategy is making big waves in the Bitcoin Market, having recently purchased over 134,000 BTC in November 2024 alone. This amount surpasses their previous highest buys during the 2021 bull Market. The company’s major acquisitions include 27,200 BTC at around $74,000 each, followed by 51,780 BTC, and their largest purchase of 55,500 BTC at nearly ...
Microsoft shareholders recently voted against the proposal to include Bitcoin in the company’s balance sheet. The board recommended this decision, emphasizing Microsoft’s strategy to explore a wide range of investable assets. This proposal, initiated by a conservative think tank, argued that Bitcoin is an excellent hedge against inflation. Rejecting Bitcoin would have positioned Microsoft alongside ...
A group of shareholders from Amazon is pushing for the company to invest at least 5% of its assets into Bitcoin. This proposal, led by the National Center for Public Policy Research, suggests that Bitcoin has performed better than traditional investments like corporate bonds in recent years. The shareholders believe that adding Bitcoin to Amazon’s ...
