Bitcoin generates profit in the HODLing period

in #hive-16792214 days ago (edited)

Bitcoin, which was once believed by many investors to be a "bubble", has shown resistance after a series of events that led to bottoming out, has rebounded and has proven its value as a profitable asset. Bitcoin has gained wider adoption over the years, with institutional investors like Grayscale and Microstrategy adding it to their portfolios, they have paved the way for more investors to come to the party.

Recently, Squard Inc., led by Jack Dosey, purchased approximately 4,709 BTC, with an estimated value of $ 50 million, to add to the company's reserves. When the news broke, bitcoin gained 4%.

We believe that bitcoin has the potential to be a more ubiquitous currency in the future,” said Square’s Chief Financial Officer, Amrita Ahuja. “As it grows in adoption, we intend to learn and participate in a disciplined way. For a company that is building products based on a more inclusive future, this investment is a step on that journey.

https://squareup.com/us/en/about/investors/press/2617c157-c2b1-46d7-8277-623c96f3f96c

This is another example of how bitcoin is becoming more established as a global asset and reserve currency.

Bitcoin generates profit in the HODLing period
Source.

Bitcoin genera ganancias en el periodo de HODLing

Bitcoin, lo que una vez muchos inversores creyeron que era una "burbuja", ha mostrado resistencia después de una serie de eventos que llevaron a tocar fondo, se ha recuperado y ha demostrado su valor como activo rentable. Bitcoin ha ganado una adopción más amplia a lo largo de los años, con inversores institucionales como Grayscale y Microstrategy agregándolo a sus portafolios, han abonado el terreno para que más inversores vengan a la fiesta.

Recientemente, Squard Inc., liderada por Jack Dosey, compró aproximadamente 4709 BTC, con un valor estimado de $ 50 millones, para agregar a las reservas de la compañía. Cuando se publicó la noticia, bitcoin ganó un 4%.

Creemos que bitcoin tiene el potencial de ser una moneda más ubicua en el futuro", dijo la directora financiera de Square, Amrita Ahuja. “A medida que crece en adopción, tenemos la intención de aprender y participar de manera disciplinada. Para una empresa que está construyendo productos basados ​​en un futuro más inclusivo, esta inversión es un paso en ese camino.

https://squareup.com/us/en/about/investors/press/2617c157-c2b1-46d7-8277-623c96f3f96c

Esta es otra muestra de como bitcoin se afianza más como activo y moneda de reserva global.

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