Bitcoin seems to be on the verge of becoming the next big treasure.
- As per official announcement from shareup which is a mobile payments giant, had purchased 4079 bitcoins!
- Stone Ridge Holdings Group also revealed to have bought 10,000 BTC valued at $115 million.
- MicroStrategy, a NASDAQ listed asset manager did the same up to $425 million in Bitcoins!
- So 3 publically listed firms jumping on to increase their Bitcoin reserves do indicate something.
- Bitcoin is going to appreciate soon against all assets.
- And under the covid-19 pandemic, what asset seems to be more valuable?
- Since covid-19 pandemic has left firms of no other alternate that can guarantee steady returns, many are increasing their bitcoin reserves.