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International Business Times

Business

Marvie Basilan

MYSTERIOUS: Microstrategy s ripple effect defi technologies announces bitcoin treasury strategy | Mind Blowing Facts

Bitcoin Ripple Metaplanet Semler Scientific Dogecoin

DeFi Technologies is just one of several publicly-traded companies that have adopted their own Bitcoin strategies. (Credit: DeFi Technologies Twitter)

KEY POINTS

The company said it sees Bitcoin as a "reasonable hedge against inflation"
Recent additions to the corporate list of BTC holders are Semler Scientific and Metaplanet
MicroStrategy has been buying Bitcoins for years and has a massive stash of over 214K BTC

Michael Saylor's MicroStrategy appears to have influenced another company to implement a Bitcoin strategy to help grow the business as publicly-traded DeFi Technologies announced Monday it has adopted the world's largest cryptocurrency by market cap as its primary treasury reserve asset.

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