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Wealth Tracker: Should more companies follow MicroStrategy's Bitcoin approach to reap more rewards?
Manage episode 489216266 series 2467889
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.
4679 episodes
Manage episode 489216266 series 2467889
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.
4679 episodes
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