Corporate Bitcoin: CZ Urges Risk Focus as GameStop, Others Add to Holdings
- CZ suggests that companies should balance risk and ROI on a spectrum of 0 to 100
- GameStop leads the list of the newly emerged Bitcoin treasuries in May with 4170 BTC
- The list consists of companies from all around the world
CZ, the former Binance CEO, shared a few thoughts about companies holding Bitcoin treasuries, which seems to be a growing trend in the corporate world.
His post emphasizes risk management, suggesting companies balance risk and ROI on a spectrum of 0 to 100, a perspective likely shaped by his own experience with Binance’s $4 billion settlement in 2023 for anti-money laundering failures.
GameStop, Zap Solutions Join Bitcoin Treasury Trend
CZ’s musings was originally a response to a post that listed all the newly emerged Bitcoin treasuries in May. The list consists of dozens of companies, with GameStop (GME) leading with 4170 BTC. Other companies mentioned are Zap Solutions Inc. with 1500 BTC, followed by DDC Enterprise starting with 100 BTC in May.
The top three companies are from the US, but the list also has businesses from Europe, South America and Asia, with all having less than 100 BTC.
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The post Corporate Bitcoin: CZ Urges Risk Focus as GameStop, Others Add to Holdings appeared first on Coin Edition.
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Corporate Bitcoin: CZ Urges Risk Focus as GameStop, Others Add to Holdings
- CZ suggests that companies should balance risk and ROI on a spectrum of 0 to 100
- GameStop leads the list of the newly emerged Bitcoin treasuries in May with 4170 BTC
- The list consists of companies from all around the world
CZ, the former Binance CEO, shared a few thoughts about companies holding Bitcoin treasuries, which seems to be a growing trend in the corporate world.
His post emphasizes risk management, suggesting companies balance risk and ROI on a spectrum of 0 to 100, a perspective likely shaped by his own experience with Binance’s $4 billion settlement in 2023 for anti-money laundering failures.
GameStop, Zap Solutions Join Bitcoin Treasury Trend
CZ’s musings was originally a response to a post that listed all the newly emerged Bitcoin treasuries in May. The list consists of dozens of companies, with GameStop (GME) leading with 4170 BTC. Other companies mentioned are Zap Solutions Inc. with 1500 BTC, followed by DDC Enterprise starting with 100 BTC in May.
The top three companies are from the US, but the list also has businesses from Europe, South America and Asia, with all having less than 100 BTC.
Established Players Like Strategy C…
The post Corporate Bitcoin: CZ Urges Risk Focus as GameStop, Others Add to Holdings appeared first on Coin Edition.
Read More
Mike Novogratz Says, Do Bitcoin Treasury Companies Create a Bubble?