Blockstream CEO Adam Back Predicts Universal Corporate Bitcoin Treasuries
Blockstream Chief Executive Officer Adam Back said he expects every corporation to eventually hold Bitcoin on its balance sheet, arguing the cryptocurrency will become a universal treasury asset. Speaking on 29 Aug., the early cypherpunk and Bitcoin pioneer warned of an “imminent” supply shock, suggesting limited issuance will drive companies to accumulate the token ahead of rivals.
Sources
Business Standard
#MarketsWithBS | All companies will be Bitcoin treasuries, says Blockstream CEO Adam Back @KGaurav2806 shares details👇 #Bitcoin #Cryptocurrency #CryptoTrading #Cryptocurrencies #Markets https://t.co/M3fzBoxmzO
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The Bitcoin Historian JUST IN: CYPHERPUNK LEGEND ADAM BACK JUST SAID EVERY COMPANY IN THE WORLD WILL BE A #BITCOIN TREASURY COMPANY THE SUPPLY SHOCK IS IMMINENT 🚀 https://t.co/PIAiRMAXRL