There is a huge craze for cryptocurrency among global companies, those who have bitcoins have given them returns up to 2000%

Not only people are investing in cryptocurrency, but companies from all over the world are also coming forward. The craze in these companies to invest in cryptocurrency is clearly visible. Bitcoin remains the favorite cryptocurrency of these global companies. Due to investment in Bitcoin crypto, the shares of many companies are skyrocketing. The returns of many such companies have increased up to 2000% in a year.

The companies whose shares have risen include Blockchain Group listed in the French market, Metaplanet listed in the Japanese market, Janover listed in the US market, etc. According to Bitcoin Treasuries, the number of companies around the world investing in bitcoin directly or through another company is more than 150. These also include Elon Musk’s company Tesla and SpaceX.

Why are companies showing interest?

Cryptocurrency has grown rapidly in the recent past. The reason for this is also US President Donald Trump’s support to crypto. Even during the election, Trump had talked about supporting crypto. After winning the election, he gave responsible positions to many people who support cryptocurrency. Due to this, there is a boom in cryptocurrency at this time. Bitcoin has also crossed one dollar.

What kind of companies are involved?

Companies from many sectors are investing in Bitcoin. These include small and big companies from all over the world in sectors like housing, healthcare, education, cyber security etc. These companies are looking at Bitcoin as a strategic asset reserve. Many companies have also increased their reserves in Bitcoin significantly.

How much return of which company?

After investing in Bitcoin, the shares of many companies rocketed. The stock of Japan’s company Metaplanet Inc, which is involved in hotel management operations, has risen by more than 1600 percent in a year. The stock of French company Blockchain Group has risen by more than 2800 percent in a year.

The stock of American company LQwD Technologies Corp has risen by more than 600 percent in a year. Janover’s stock listed in the US market has given more than 1000 percent return in a year. Investors are also getting tremendous benefits from the rise in the shares of these companies. No Indian company is included in the list of Bitcoin Treasuries.