CoinVoice has recently learned that according to CoinDesk, as interest in digital assets continues to increase, Bitcoin's corporate adoption seems to be entering a new stage, and several listed companies are following MicroStrategy's example and incorporating Bitcoin into their balance sheets.
In 2024, several companies began to follow suit and adopt Bitcoin financial strategies, such as Metaplanet (3350), Semler Scientific (SMLR), MARA Holdings (MARA), etc. The first company in the second wave is KULR Technology Group (KULR), which is listed on the New York Stock Exchange.
As of January 7, it also appears that a number of publicly traded companies have announced Bitcoin financial strategies, but have not yet made any Bitcoin purchases. The first is Acurx Pharmaceuticals (ACXP), listed on the Nasdaq. Its board of directors approved a plan to purchase up to $1 million in Bitcoin on November 20. Its stock price has fallen 35% since November 19, but is up 30% year to date.
Similarly, there is Hoth Therapeutics (HOTH), which is listed on the NASDAQ; its board also approved a $1 million Bitcoin purchase plan on November 20, but the purchase has not yet been completed. However, since November 19, its stock price has increased by 2%.
The third company is LQR House (YHC), which is listed on the NASDAQ. The company announced on November 19 that it would accept cryptocurrency payments and would hold up to $10 million in Bitcoin payment funds through policy. As of now, its stock price has risen by 56% since November 19.
The last company is SOS Limited (SOS), which is listed on the NYSE and approved a $50 million Bitcoin purchase plan on November 27. At the time of this announcement, the price of Bitcoin was $93,000 each. Since November 19, its stock price has fallen by 30%. [Original link]
