Binance CEO Urges Investors to Take Risks with Bitcoin and Crypto

Binance CEO Urges Investors to Take Risks with Bitcoin and Crypto
Text Size: 100%

Companies worldwide have begun adding **Bitcoin** to their balance sheets, with several firms making bold moves in 2025 by including Bitcoin in their treasuries.

**Global firms** are increasingly showing interest in Bitcoin, with **GameStop** leading the way by purchasing over 4,000 BTC, followed by **U.S. firm Strike** acquiring 1,500 BTC. Other companies such as **DDC Enterprise** added 100 BTC. Firms from various countries like Argentina, Germany, the UK, Hong Kong, Sweden, Jordan, and South Korea have also purchased smaller amounts of Bitcoin, indicating a growing global interest.

**Binance’s** co-founder, **Changpeng Zhao**, emphasized that companies are taking risks by venturing into crypto with their treasuries. He suggests that in today’s world, avoiding crypto altogether might actually pose the biggest risk.

Advertisement
Download our AppBinance CEO Urges Investors to Take Risks with Bitcoin and Crypto

**Norway’s** cryptocurrency exchange, **Norwegian Block Exchange (NBX)**, experienced a significant surge of 138% in its stock price in a single day after announcing its Bitcoin purchase. By early June, NBX had acquired 6 BTC and plans to increase its holdings to 10 BTC by the end of the month.

Several companies have witnessed substantial stock gains following announcements of their Bitcoin purchasing plans. **Paris-based Blockchain Group** saw its shares surge by 225% after initiating Bitcoin purchases on November 5. The company recently bought 624 Bitcoin worth $68.7 million, boosting its total holdings to 1,471 BTC.

Also read:  Hyderabad RGIA Airport Launches Park & Fly Service with Online Slot Booking

**Indonesian fintech DigiAsia Corp** also experienced a notable stock increase, nearly doubling as its shares rose by 91% after announcing a $100 million raise to purchase Bitcoin. Corporate Bitcoin treasuries collectively hold over 3 million Bitcoin, valued at more than $342 billion.

Advertisement
Download our AppBinance CEO Urges Investors to Take Risks with Bitcoin and Crypto

**Strategy** currently stands as the world’s largest corporate Bitcoin holder with $60.5 billion in BTC. It is only $8.3 billion away from surpassing **BlackRock’s iShares Bitcoin Trust ETF**, which is currently valued at $68.9 billion.

**Ethan Peck**, Bitcoin director at **Strive**, suggested that companies like **Meta, Microsoft, and Amazon** should consider shifting a portion of their cash reserves into Bitcoin as an inflation hedge. While **Meta** and **Microsoft** shareholders rejected the idea, **Amazon** has yet to hold a vote on the matter.

Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.

Advertisement
Disclaimer: For article corrections, please email newsdesk@telanganatribune.com or fill out the Grievance Resolution form
Who will be the next CM of Telangana?
KCR / KTR / Harish Rao
Revanth Reddy
Others
Download our App:
About the Author
Rajesh M
Rajesh M

Latest News from Hyderabad, Telangana, India & World!

Leave a Reply

Your email address will not be published. Required fields are marked *