💰Bitcoin Reserve Plan: More than 60 listed companies have included Bitcoin in their strategic planning, and thousands of private companies have followed suit
According to Cointelegraph's official X post, more than 60 listed companies have included Bitcoin in their strategic planning, and this trend is being followed by thousands of private companies. And give a bullish view.
These companies cover multiple fields such as Bitcoin mining, cryptocurrency, and technology, and even include traditional financial and physical industry giants such as the world's largest asset management company BlackRock, electric car manufacturer Tesla, and real estate company Metaplanet. This wide industry distribution and the participation of many companies indicate that Bitcoin is gaining more and more recognition and acceptance as part of asset allocation.
As more and more companies adopt Bitcoin strategies, the market's bullish sentiment on Bitcoin continues to rise. This sentiment is strongly supported by on-chain fundamentals such as the reduction of Bitcoin exchange balances and the growth of wallet adoption, indicating the potential for price increases.
In addition, Bitcoin recently broke through $90,000, and the funding rate remained relatively neutral, which may be due to the gradual stabilization of the market after the US election. The market is generally optimistic that Bitcoin will rise and break through the $10 mark before the end of the year.
In summary, the current Bitcoin market maintains a sustained bullish trend, thanks to the active adoption of listed companies, strong market fundamentals, and investors' long-term holding strategy. In the future, as Bitcoin is increasingly used in different fields, its status as an investment and reserve asset will be further consolidated.
💬 Listed companies are embracing Bitcoin, what do you think? How will this trend affect the market? Leave your comments in the comment area and join our discussion!