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Bitcoin (BTC) Treasuries Surge as Traders Bet on $125K Breakout

Avatar photo Sonny S. Watts 1 day ago

Holding Bitcoin as a treasury reserve is quickly becoming the new corporate norm, with companies following the template laid down by Michael Saylor’s Strategy. From ETFs to publicly listed miners, entities across the board are allocating a portion of their balance sheets to Bitcoin. Canaan Inc. (NASDAQ: CAN) joined the bandwagon, announcing plans to adopt […]

The post Bitcoin (BTC) Treasuries Surge as Traders Bet on $125K Breakout appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.