Companies turn into Bitcoin to enhance the share price

The commercial software that has turned into Bitcoin Hoostraseder inspires a group of companies to buy and maintain the cryptocurrency in the locker bonds, in a maneuver aimed at enhancing the prices of full stocks.

Pharmaceutical companies and advertisers among 78 companies listed all over the world follow the example of the American group in buying coins to keep them instead, according to Crypto Security Coinakite data.

The founder of Microstrategy Michael Silor Bitcoin has made the primary cabinet reserves for his company with an aggressive purchase spree since 2020. Silor believes that bitcoin value will continue to rise, saying: “We go to Mars.”

After connecting the price of his share with bitcoin wealth, Microstrategy is now the largest company holder in the world.

In the past six months, the gains of its stock prices outperformed the value of the encrypted currency, and the market value of approximately $ 87 billion has doubled the value of its bitcoin holdings. She also had $ 46 million in cash and cash rewards at the end of September.

“Success generates imitation,” said Mark Palmer, stock research analyst at Benchmark Company.

“The companies that have seen their struggle in stocks.. Often because their business models are not particularly convincing in the eyes of many investors, they chose to follow Microstrategy.”

Bitcoin this year set a record higher than $ 109,000, as merchants celebrated the promise of US President Donald Trump to make the United States in Bitcoin power in the world.

In an executive order in January, he established a working group to assess the construction of a national stock of digital assets, while the US Securities Regulatory made it easy for financial institutions encrypted for custody.

Silor also accelerated Bitcoin’s purchases for his company, and in November, he achieved an ambitious goal for three years Ruling 42 billion dollars In debts and stocks to finance more purchase.

NASA and the American Navy said in December that it will follow the Microstrategy model.

“He is definitely an inspiration for Michael Sailor,” said Michael Mo, CEO of Kulr. “I had a conversation with my painting and jumped to the Bitcoin Treasury Reserve Strategy in parallel with our operating work.”

“He believes in” bitcoin philosophy, “said Mo, who is planning to spend up to 90 percent of the company’s surplus in bitcoin.

He said that while some contributors asked whether the new policy would distract the company’s main business, it also helped bring a new group of friendly investors to encrypt.

Since then, Kulr 510 Bitcoin has bought, equivalent to about $ 51 million. Her shares, which were suffering from last year or so, have almost declined by late December, and are still about 50 percent since she said that she would buy coins.

Some, such as Microstrategy, click on investors to get money with the intention of buying bitcoin. This week, Semler Scientific told Drensing Devility Company that it had bought 871 Bitcoins for $ 88.5 million using convertible bonds released in January, and after investment. Its shares have risen about 120 percent since the coded currency was adopted as “the basic treasury assets”.

The Japanese company Metaplanet – which is called “Microstrategy” – was transformed last year from the development of hotels to become “Bitcoin Treasury” and it was rewarded with more than 2000 percent of prices. Last month, it announced plans to raise 116 billion yuan ($ 750 million) in new shares to add to the 1,762 Bitcoins it holds.

Others see the purchase of bitcoin as an opportunity to move on more urgent issues. OneMednet, a health care data company in the United States, started buying Bitcoin last July to fight against what sellers seen over the open people who bother his shares.

Usually the way you defend [short sellers] “However,” Bitcoin is likely to be an unlimited return and it is another tool. [to increase revenue]He added. The company’s share price increased by about 20 percent since its purchases began last summer.

To raise funds for purchases, one $ 4.6 million raised one in a special position.

“It is like Bitcoin like crepeonite for sellers on the open,” said Brian Estis, the chief investment official of the Off the Chain Capital, an investment manager who participated in this position. “[You can] Swimming short pants with bitcoin. “

Silor is a prominent driver in encouraging other companies to follow his progress, even running the Bitcoin Conference for Companies – MO called on New Year’s Eve party in Miami.

Many asset managers, including bitwise, have developed, Applications With American organizers to obtain permission to launch the stock market funds that follow companies with Big Bitco Treasury Holdings.

Companies that maintain coins also benefit from the change in American accounting rules. The Financial Accounting Standards Council said that bitcoin should be measured at a fair market value in the company’s public budget and is calculated as a net income.

Car maker Tesla, long ago Bitcoin holder, Last month, he reported an increase in income of $ 600 million to the market from the distinctive symbol under the new standards.

“This discrimination flows by showing your income and. Estes, who” knocking the doors “can enhance your profits for the arrow if it rises.”

Palmer said that Bitcoin made the initial assets of the Treasury Ministry change the nature of the company. He said: “Zombie companies” using Bitcoin to support their stock prices means that “the operating work in the company is actually easy for the Bitcoin purchase strategy.”

The strategy also depends on the reserved bitcoin. If disrupted, executives admit that the repercussions can destabilize.

“It is definitely one of the volatile assets,” Mo admitted. He added that our arrest on the treasury is “definitely safer”, but, given that his company does not use debt to buy bitcoin, “I think we seem to show our cabinet strategy so that we can bear this type of fluctuation.”