#Latest news with #MichaelSaylor-ledBloomberg22-04-2025BusinessBloombergA 325% Stock Surge Greets a Tiny Company's Strategy to Buy SolanaSuvashree Ghosh sizes up the risks inherent in the latest efforts to turn public companies into crypto piggybanks. Michael Saylor-led Strategy's Bitcoin-accumulation plan is finding more and more fans. Companies are imitating this simple looking, cash churning model by raising funds to buy crypto tokens at a time when volatile digital assets are outrunning stocks.
Bloomberg22-04-2025BusinessBloombergA 325% Stock Surge Greets a Tiny Company's Strategy to Buy SolanaSuvashree Ghosh sizes up the risks inherent in the latest efforts to turn public companies into crypto piggybanks. Michael Saylor-led Strategy's Bitcoin-accumulation plan is finding more and more fans. Companies are imitating this simple looking, cash churning model by raising funds to buy crypto tokens at a time when volatile digital assets are outrunning stocks.
22-04-2025
