Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on January 28, 2021, 07:01:17 AM

Title: Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion
Post by: newshunter on January 28, 2021, 07:01:17 AM

Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion

Public companies hold more than $3.6 billion worth of Bitcoin, technology researcher Kevin Rooke found.

Source: Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion (https://cointelegraph.com/news/bitcoin-held-by-public-companies-has-surged-400-in-12-months-to-3-6-billion)

Would appreciate your opinion about this

Title: Re: Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion
Post by: TomPluz on January 30, 2021, 03:30:05 AM

Firmly, this is showing such a big interest of many companies with Bitcoin. And they are envisioning the time when Bitcoin can be able to breach the $100K level in the next few months...maybe at the end of 2021 or if not then in 2022. While other investment vehicles can be tanking a lot, they are focusing their attention to Bitcoin as one of the best ways to gain more out of their capital. Let's hope more and more public companies will be entering into the Bitcoin market soon.