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More and more companies are now holding bitcoin in their treasuries (including Figma according to the filling). It's interesting, but it makes a lot of sense.
by nout 1y ago
More and more companies are now holding bitcoin in their treasuries (including Figma according to the filling). It's interesting, but it makes a lot of sense.
- v5v3 1y agoWhy does it make sense? When the price is so volatile. If the companies are so confident of their trading ability then they should stop their existing business and become trading companies.
- andirk 1y agoI see it as more of a hedge. Put 1% into the counterpoint to the rest of your portfolio. I'm personally heavily invested in crypto so I make sure to hold traditional stonks as kind of a hedge against all this space cash crashing to ground. At this point though, crypto are basically ETFs so it's all one big pie now.
- __loam 1y agoIt's pretty weird that a lot of the business leadership in tech is earnestly invested in a recreation of the free banking era actually.