Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Treasuries in Publicly Traded Companies
by
gmaxwell
on 09/10/2020, 18:18:26 UTC
I wonder if these companies are considering that this move may make them attractive targets for asset stripping in the future?

Bitcoin price goes up 20x... now most of the companies value is the bitcoin but their profits haven't increased...  take over the company just to strip it of the bitcoin.

Reducing the incentive to asset strip is one of the reasons public companies often prefer to return funds to investors ASAP and finance operations via debt.