Bitwise’s Chief Investment Officer, Matt Hougan, believes that corporate investment in Bitcoin is a growing trend. He predicts that hundreds of companies will start adding Bitcoin to their balance sheets over the next year or so. New accounting standards are making this easier, allowing firms to value Bitcoin at Market rates instead of treating it ...
Recent discussions in Europe highlight a significant shift towards embracing Bitcoin, as officials from France and Germany call for the continent to adopt cryptocurrency-friendly policies similar to those of the United States. French MP Sarah Knafo emphasized the need for European nations to establish Bitcoin reserves to combat inflation and economic mismanagement. She criticized current ...
Worksport, a company listed on Nasdaq, is taking a bold step by investing up to $5 million, or 10% of its cash reserves, in Bitcoin and XRP. This decision aims to diversify its treasury strategy and safeguard its assets against inflation. Besides investments, Worksport plans to accept cryptocurrency payments on its online platform, potentially cutting ...
Texas legislators are taking a significant step in reshaping the financial landscape by proposing bills to create a state-backed digital currency redeemable in gold and silver. Introduced by State Representative Mark Dorazio, these bills—House Bill 1049 and House Bill 1056—aim to offer Texans a stable monetary alternative to the traditional federal currency. This digital currency ...
