In accordance with DL News, Blockstream CEO Adam Back stated that all companies will eventually become Bitcoin treasuries, as the cryptocurrency is still in the early stages of adoption. Speaking to Yahoo Finance, Back noted that Bitcoin is in the early phase of a bull run and that institutional involvement will drive further growth. He also highlighted that over 200 public companies now hold Bitcoin as a hedge against inflation, though the price has recently declined due to macroeconomic factors and leverage. Back emphasized that institutional buying continues and that the market is still in its infancy.
Blockstream's Adam Back Predicts All Companies Will Become Bitcoin Treasuries
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