Nov 27, 2024

Small Caps Follow MicroStrategy in Bitcoin Adoption

Small caps are turning to Bitcoin (BTC) as a lifeline, inspired by the success of MicroStrategy’s Bitcoin strategy.

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Semler Scientific turned its financial crisis around by investing in BTC, making $31M in profit and boosting its stock by 112%.

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Metaplanet, a Japanese hotel company, raised $70M to buy 1,142 BTC, leading to a 1,571% stock price surge.

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More small caps are embracing Bitcoin, with analysts predicting BTC could hit $100K as adoption grows.

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