Bloomberg Strategists Say ‘More Public Firms Might Rethink Crypto As US Exceptionalism Dims’
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Bloomberg strategists have said more firms may consider cryptocurrency treasury strategies.
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Bitcoin has drawn praise for its relative strength and stability despite market uncertainty.
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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…