Bitcoin And Ethereum Treasuries May Be The Next Big Thing
Corporate cryptocurrency treasuries have seen a massive popularity surge over the last year. Bitcoin (BTC) and Ethereum (ETH) treasuries have played a substantial role in the current market cycle. According to BitcoinTreasuries, the top 100 BTC treasury companies hold about 1,017,656 Bitcoin, worth more than $118 billion. Michael Saylor’s Strategy leads the race with 638,985 BTC. Source: BitcoinTreasuries Why The Rush For Bitcoin (BTC) and Ethereum (ETH) Treasuries? Source: Chris Ratcliffe / Bloomberg Bitcoin (BTC) is the best-performing asset of the last decade and a half. The original crypto has outperformed major tech stocks, gold, and other commodities. It has even far surpassed the S&P 500 and the Nasdaq’s returns. BTC’s unrivaled growth may have been one reason for the surge in the creation of BTC treasuries. While some companies are flocking to Bitcoin (BTC) for its value, others are more interested in the underlying technology. Also Read: Michael Saylor Ca...