Companies across the planet are vacuuming up every bitcoin they can get their hands on by financially engineering stocks and securities in a grand speculative attack. A bitcoin treasury companies is the natural outcome to a problem not many people understand: Cash is trash — for a company, holding cash is now a liability.
Strategy, the world’s largest corporate holder of Bitcoin, has officially priced its initial public offering of 28,011,111 shares of Variable Rate Series A Perpetual...