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Public companies bought more bitcoin than ETFs did for the third quarter in a row

Pelican Press

By Pelican Press,
in World News

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Ozan Kose | Afp | Getty Images Corporate treasuries have surpassed ETFs in bitcoin buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment. Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider Bitcoin Treasuries.

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