Observing the success of MicroStrategy’s persistent, multi-billion dollar premium to its bitcoin (BTC) holdings, a cornucopia of companies boasting about their BTC and altcoin treasuries have spawned onto stock markets.
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Wall Street loves selling crypto treasury stocks
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Numerous public firms have adopted Bitcoin treasury strategies in an effort to mimic MicroStrategy, which began purchasing Bitcoin in 2020 and now holds over $63 billion in BTC.
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