[Chain News] Nasdaq has a new player. The listed company Massimo has just announced that the board has approved to incorporate Bitcoin into the company's long-term wallet.
It's not just talk; we've already started with small amounts. According to regulations, we will submit an 8-K form to the SEC later, and at that time, we will be able to see how much we actually bought.
This time it's not an impulsive purchase. Massimo set a five-year plan for himself, with a cap of 10% of total assets to allocate to BTC. In other words, he treats Bitcoin as part of the company's asset allocation, rather than a tool for short-term speculation.
More and more traditional enterprises have started to do this, moving from exploration to strategic layout, and taking bigger steps.
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BridgeTrustFund
· 4h ago
A 10% allocation to Bitcoin—that's the attitude real players should have.
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MissedTheBoat
· 12-02 12:38
10% seems a bit conservative, but at least it's a start to enter a position
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Another traditional company has entered a position, and now the institutional army is getting stronger
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A five-year plan is stable, much better than those who are reckless
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Waiting for the 8-K to come out, let's see how much Massimo actually invested
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More and more big companies are entering the market, this signal is quite clear
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What's the point of a small trial? The key is whether they will increase the position later
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Even Nasdaq companies have started hoarding, is there anyone who still doubts BTC?
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The 10% allocation limit feels like it could be a bit more aggressive
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DAOplomacy
· 12-01 14:28
the 8-K filing part is where the real tea spills... curious what allocation sizes actually look like once sec gets the docs
Reply0
MetaMuskRat
· 12-01 14:27
Another large investor has entered a position, but the 10% ratio is indeed a bit conservative.
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ShortingEnthusiast
· 12-01 14:26
10% allocation? That's quite conservative, aren't you afraid of a fall?
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MysteriousZhang
· 12-01 14:22
Wow, another pro has entered the game, this pace really can't be stopped, traditional companies are starting to get serious.
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RektButSmiling
· 12-01 14:02
Another traditional enterprise has entered a position, and this time it's a serious military one... A 10% allocation in Bitcoin indicates what? It indicates that they are all starting to take it seriously.
Nasdaq-listed company Massimo enters the market: allocating 10% of assets to Bitcoin, has begun to build a position.
[Chain News] Nasdaq has a new player. The listed company Massimo has just announced that the board has approved to incorporate Bitcoin into the company's long-term wallet.
It's not just talk; we've already started with small amounts. According to regulations, we will submit an 8-K form to the SEC later, and at that time, we will be able to see how much we actually bought.
This time it's not an impulsive purchase. Massimo set a five-year plan for himself, with a cap of 10% of total assets to allocate to BTC. In other words, he treats Bitcoin as part of the company's asset allocation, rather than a tool for short-term speculation.
More and more traditional enterprises have started to do this, moving from exploration to strategic layout, and taking bigger steps.