Key Points Bitcoin is being used as a hedge against inflation. It's also being purchased by digital asset treasury companies. When asset managers offer Bitcoin exchange-traded funds, they need to buy the underlying asset. 10 stocks we like better than Bitcoin › There are moments in markets when narratives, incentives, and financial plumbing all click at once. Bitcoin (CRYPTO: BTC) is having one of those runs. It keeps notching fresh highs in 2025, cresting above $126,000 in recent days, as new so ...