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Wealth Tracker: Should more companies follow MicroStrategy's Bitcoin approach to reap more rewards?

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Manage episode 489216266 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Michael Saylor has become Bitcoin’s most high-profile corporate evangelist, amassing a staggering $60 billion worth of the crypto giant. His company’s stock has soared more than tenfold since embracing Bitcoin in 2020 — inspiring a wave of copycats across industries.
Now, from pharma to tech startups, companies are betting their futures on Bitcoin to boost stock prices and reshape their identities.
But beneath the hype lurk urgent questions: Are these firms truly committed to crypto’s potential, or chasing a risky gamble? With volatility, regulatory pressure, and shifting accounting rules on the horizon, can this bold strategy survive — or is corporate crypto facing a reckoning?
On Wealth Tracker, Hongbin Jeong speaks to Carney Mak, Chief Strategy Officer at Tokenize Xchange, to find out more.

See omnystudio.com/listener for privacy information.

  continue reading

4679 episodes

Artwork
iconShare
 
Manage episode 489216266 series 2467889
Content provided by SPH Radio and MONEY FM 89.3. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SPH Radio and MONEY FM 89.3 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Michael Saylor has become Bitcoin’s most high-profile corporate evangelist, amassing a staggering $60 billion worth of the crypto giant. His company’s stock has soared more than tenfold since embracing Bitcoin in 2020 — inspiring a wave of copycats across industries.
Now, from pharma to tech startups, companies are betting their futures on Bitcoin to boost stock prices and reshape their identities.
But beneath the hype lurk urgent questions: Are these firms truly committed to crypto’s potential, or chasing a risky gamble? With volatility, regulatory pressure, and shifting accounting rules on the horizon, can this bold strategy survive — or is corporate crypto facing a reckoning?
On Wealth Tracker, Hongbin Jeong speaks to Carney Mak, Chief Strategy Officer at Tokenize Xchange, to find out more.

See omnystudio.com/listener for privacy information.

  continue reading

4679 episodes

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