Bloomberg: US companies might reconsider role of crypto in treasury management

Analysts from Bloomberg believe that Bitcoin is gaining favor among public companies because of its resilience, particularly in the face of economic uncertainty.

There is a notable decline in Bitcoin’s correlation with the U.S. Stock market, potentially indicating a shift in how Bitcoin behaves in relation to traditional assets.

Public companies now hold nearly 711,000 BTC, reflecting a growing interest in cryptocurrency, with Strategy being the largest holder, investing a total of 35.6 billion USD.