You Won’t Believe What This Nasdaq Firm Did With Bitcoin 🤑

by

Alright, let me tell you about this Nuvve thing. These guys are the latest Nasdaq-listed company to jump on the Bitcoin bandwagon, and let me tell you, it’s a real circus over there. 🤡

Apparently, they’re planning to use up to 30% of their spare cash to buy Bitcoin, and they’re even going to start accepting the cryptocurrency as a payment method. I mean, what is this, a casino? 🎰

But hey, at least their stock price went up by 3% after the announcement. That’s like, what, a whole nickel? 🤑 Of course, it’s still down 13% over the last month and 51% in six months, but who’s counting, right? 🤷‍♂️

And let’s not forget about the other Nasdaq companies that are jumping on the Bitcoin train. Fathom Holdings is allocating 50% of their excess cash to buy Bitcoin or Bitcoin ETFs, and Metaplanet Inc. is planning to acquire 10,000 BTC by the end of the year. It’s like a Bitcoin feeding frenzy out there! 🐳

But hey, at least Bitcoin is doing well, right? It’s up over 100% since 2023, trading at a cool $100,762.73. 💰 I guess these companies are just trying to cash in on the crypto craze before it all comes crashing down. 🤯

Anyway, that’s the latest from the world of Nasdaq and Bitcoin. If you need me, I’ll be over here, counting my nickels and wondering if I should invest in some Beanie Babies instead. 😂

Read More

2025-01-29 02:52