1 Thing Every Cryptocurrency Investor Needs to Know About Bitcoin Treasuries
Key Points Strategy and other Bitcoin treasury companies aim to accumulate as much Bitcoin as possible on their balance sheets. Some achieve this by using debt to buy more Bitcoin. Leverage significantly increases risk and has led to big losses for these companies during the recent Bitcoin downturn. 10 stocks we like better than Bitcoin › In August 2020, software company Strategy (NASDAQ: MSTR) changed its business model when it started buying Bitcoin (CRYPTO: BTC). It officially rebranded as a ...