Balance sheets ballooning with bitcoin.
For a smattering (but growing roster) of firms, adding bitcoin holdings as part of the typical corporate finance strategy of maximizing returns on assets may look like a shrewd move, at least when the price of bitcoin keeps moving up.
But the question becomes: What happens on the downside? And what happens next?
MicroStrategy has been adding to its bitcoin holdings, where Coindesk reported this week that CEO Michael…
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