Number of Public Companies Holding Bitcoin Rises Despite Crypto Bear Market
JH Kim
Summary
- It reported that the number of public companies holding Bitcoin (BTC) has increased despite the bear market in the cryptocurrency market.
- River said corporate Bitcoin adoption is continuing despite the decline in market prices.
- However, it did not disclose the specific number of public companies holding Bitcoin or the total holdings.
Forecast Trend Report by Period
The number of publicly listed companies holding Bitcoin has increased despite the downturn in the cryptocurrency market.
Cointelegraph reported on September 28, citing Bitcoin financial services firm River, that the number of public companies holding Bitcoin as a treasury asset continues to grow.
River said corporate adoption of Bitcoin is continuing even as market prices fall.
However, it did not disclose the specific number of public companies holding Bitcoin or their total holdings.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.