Bitcoin or bust: Companies add BTC to Treasury for long-term potential

According to Cointelegraph: Corporations are increasingly adopting Bitcoin as a treasury asset, with notable companies like MicroStrategy, Tesla, and Coinbase leading the way. In recent years, both private and publicly traded companies have begun to add Bitcoin to their balance sheets, recognizing its long-term potential and contrasting it with the falling value of the US dollar.

Corporations are adding Bitcoin to their balance sheets due to looming uncertainty over future inflation and monetary policy. While Bitcoin's volatility presents challenges, its long-term potential has influenced some companies to adopt it as a treasury asset. The growing corporate adoption of Bitcoin further legitimizes the cryptoasset class and may profoundly disrupt the industry. As more companies recognize the potential of Bitcoin, the trend of corporate adoption is likely to continue, shaping the future of finance.#Bitcoin $BTC