Crypto Treasury Companies Are Bullish on Bitcoin and XRP. But Don't Invest.
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Strategy (NASDAQ: MSTR) (formerly called MicroStrategy) famously pioneered the Bitcoin (CRYPTO: BTC) treasury concept, buying the crypto and holding it on the company's balance sheet. Now, a crop of start-ups promises to provide the same kind of leveraged exposure to select digital assets for anyone willing to buy their shares.But before you hand any treasury operator a dime, it's important to look at who really captures the value they're advertising, and to understand how the existence of these companies might be favorable for the coins you hold.In a nutshell, crypto treasury companies are businesses that accumulate cryptocurrency assets such as Bitcoin and XRP (CRYPTO: XRP) on their corporate balance sheets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool