Abra CEO: Medium-sized companies and non-profit organizations are turning their assets into Bitcoin
Odaily2024/07/13 17:25
By:Odaily
Odaily News Abra CEO Bill Barhydt revealed that medium-sized companies and non-profit organizations are increasingly inclined to convert their assets into
Bitcoin. This trend follows the successful strategy adopted by MicroStrategy (MSTR), whose stock has appreciated due to its large Bitcoin holdings. Barhydt predicts that many medium-sized companies and non-profit organizations with large US dollar reserves will convert them into BTC. In addition, he expects the stocks of these companies to replicate the rise in MicroStrategys stock price after acquiring Bitcoin. (CoinGape)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Announcement•2025/12/09 08:00
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
Bitget Announcement•2025/12/09 03:00
STABLEUSDT now launched for futures trading and trading bots
Bitget Announcement•2025/12/08 13:19
Martingale bot upgraded–simpler setup, more flexible features
Bitget Announcement•2025/12/08 10:25
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$90,580.95
-1.26%
Ethereum
ETH
$3,131.61
-0.51%
Tether USDt
USDT
$1
+0.01%
XRP
XRP
$2.08
-0.74%
BNB
BNB
$887.57
-2.48%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$133.01
-3.77%
TRON
TRX
$0.2810
-1.72%
Dogecoin
DOGE
$0.1416
-1.36%
Cardano
ADA
$0.4505
+3.84%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now