Bloomberg Strategists Say ‘More Public Firms Might Rethink Crypto As US Exceptionalism Dims’

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

  • Bloomberg strategists have said more firms may consider cryptocurrency treasury strategies.

  • Bitcoin has drawn praise for its relative strength and stability despite market uncertainty.

  • Public corporations are not the only ones that may be considering Bitcoin as a hedge.

The global financial system has been facing a massive stress test over the past few months and cryptocurrencies, particularly Bitcoin, may be emerging as the winners.

At least, that is what Bloomberg Intelligence strategists have recently suggested.

In a Tuesday note, Bloomberg strategists Lu Yeung and Breanne Dougherty opined that “more public firms…

Source link