Global economic instability, inflation, dollar depreciation and uncertainty have forced companies to look for alternative assets like Bitcoin as a future financial asset. In this context, Bitcoin has been considered an emerging asset or digital gold. Just as gold was seen as a safe haven during economic crises; currently, large companies are considering Bitcoin as a safe haven. Various public companies are storing Bitcoin on their balance sheets so that they can strengthen their future financial position. When the price of Bitcoin increases, the value of the companies increases. On the other hand, when costs increase, the price falls. Then it becomes very risky. Through Bitcoin, the company is said to be more future-focused. Because by investing in Bitcoin, the company believes in modern future technology or has innovative power. When Tesla bought Bitcoin, their social media coverage and band value increased many times. Bitcoin is no longer just a digital coin; it is considered by people as a sure-fire way to secure the future. Companies that are currently buying BTC -
1.MicroStrategy,
2.Tesla,
3.Block Inc. (formerly Square)
4.Coinbase,
5.Marathon Digital Holdings
6.Hut 8 Mining
- Which companies do you think will buy the Bitcoin in the future?
Why do they buy it... There can be many reasons, including political ones. Especially considering that only American companies are on your list. This, by the way, says a lot about whose bitcoin is as a project. However, there are also simple explanations for purchases, without political conspiracy. For example, to diversify the dollar's inflationary risks. Or because there are simply no alternative promising areas for investment. By the way, it does not follow that such purchases indicate that bitcoin will cost ten million dollars... Although it will depend more on the upcoming possible hyperinflation of the dollar.