A growing number of publicly listed companies is announcing plans to add Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) to their corporate treasuries, and the trend is beginning to raise eyebrows.

In the 30-day span to June 11, at least 22 entities added Bitcoin as a reserve asset, according to BitcoinTreasuries.net.

The buying spree was popularized by Strategy (formerly MicroStrategy), whose aggressive Bitcoin accumulation blueprint has data-ct-non-breakable=”null” href=”https://cointelegraph.com/magazine/microstrategy-bitcoin-pig-butchering-lazarus-asia-express-2024-rewind/” title=”null”>inspired a wave of imitators.

While some companies are praised for their strategic vision, critics point out that others are entering the space…

A growing number of publicly listed companies is announcing plans to add Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) to their corporate treasuries, and the trend is beginning to raise eyebrows.

In the 30-day span to June 11, at least 22 entities added Bitcoin as a reserve asset, according to BitcoinTreasuries.net.

The buying spree was popularized by Strategy (formerly MicroStrategy), whose aggressive Bitcoin accumulation blueprint has data-ct-non-breakable=”null” href=”https://cointelegraph.com/magazine/microstrategy-bitcoin-pig-butchering-lazarus-asia-express-2024-rewind/” title=”null”>inspired a wave of imitators.

While some companies are praised for their strategic vision, critics point out that others are entering the space…