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> Does the investment fit with the company's business strategy? This situation is an obvious and predictable consequence of the SEC's refusal, after seven year
by octoberfranklin 6y ago
> Does the investment fit with the company's business strategy?
This situation is an obvious and predictable consequence of the SEC's refusal, after seven years, to approve any kind of bitcoin ETF whatsoever.
It's not like they haven't had plenty of options to choose from.
Stock market investors obviously demand the ability to get bitcoin exposure using stock exchange transactions. It should surprise nobody that companies are interested in meeting that demand.