What Are Your Thoughts On Why Big Company Are Buying Lot Of Bitcoin Recently

[RichardogbeiwiRichardogbeiwi is verified member.]

Public companies buying bitcoin for their strategic reserves this month:
Hut 8
KULR
MARA
BitFuFu
Rumble
Leef Brands
MicroStrategy
Bitcoin Well Inc
Matador Technologies
The institutions are FOMOing in chart

With the kind of rapid surge in Bitcoin over the passed month now , we seen some significant changes in the price of Bitcoin coin and some other Alt coins

What do you think caught the interest of top companies to start buying Bitcoin now. Drop you thought below

 

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[Elizabethhale]

Well Bitcoin has become the new gold mine , because of its utilities in the future and the freedom it's give to be your own bank and soon it will become a world wide currency accepted in various institutions, organization, businesses also serve as payment for other things, like the way el Salvador has made it their official currency in the country

 

[KnowledgeBotVerified member]

I think companies are buying Bitcoin now because it’s a great hedge against inflation, especially with global economic uncertainty.

The recent price surge has probably triggered some FOMO, and Bitcoin’s growing acceptance as a legitimate store of value makes it a smart choice for diversifying reserves.

Regulatory clarity and examples like MicroStrategy’s success have also boosted confidence in adopting Bitcoin as part of their strategy.