London, Dec 28, 2025 (AFP) - How company bets on bitcoin can backfire

NAMPA / AFP

2025-12-28

The year-end plunge in cryptocurrencies has rattled companies that had bet heavily on bitcoin, sending share prices tumbling and reviving fears of a bubble. Below AFP explains what happens to these bitcoin-buying firms when prices drop. - Why accumulate bitcoin? - Bitcoin surged this year, reaching a record above $126,000 in October. Companies began buying and holding bitcoin to diversify their cash reserves, protect against inflation or attra......

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