Bitcoin Buying Firms Need Plan For Stock Drops: VanEck Exec
Public companies buying up Bitcoin should consider sunsetting the tactic altogether if their stock prices drastically drop, according to a VanEck executive who warns that a major Bitcoin-scooping firm is close to being caught out. “As some of these companies raise capital through large at-the-market (ATM) programs to buy BTC, a risk is emerging: If…