Good Post 👍😊
I am Long at ETH As Well
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Anndy Lian
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Steak 'n Shake Adds $10 Million in Bitcoin to Treasury
This move by the classic American fast-food chain Steak ’n Shake demonstrates continued corporate adoption of Bitcoin as a treasury asset. Following in the footsteps of companies like MicroStrategy, it signals growing confidence in Bitcoin as a long-term store of value, despite recent price volatility. It is a bullish indicator that fundamentally sound companies are choosing crypto over other assets for their balance sheets. This trend reinforces the asset's legitimacy to traditional finance players and retail investors alike.
This move by the classic American fast-food chain Steak ’n Shake demonstrates continued corporate adoption of Bitcoin as a treasury asset. Following in the footsteps of companies like MicroStrategy, it signals growing confidence in Bitcoin as a long-term store of value, despite recent price volatility. It is a bullish indicator that fundamentally sound companies are choosing crypto over other assets for their balance sheets. This trend reinforces the asset's legitimacy to traditional finance players and retail investors alike.
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