Strategy chairman Michael Saylor pushed back on critics who say companies that hold Bitcoin are reckless. He told a podcast that buying Bitcoin should be seen as a choice about where to put cash, not as a moral failing. Related Reading: Ethereum Staking Hits Record Levels As Buterin Urges Builders To Deliver Real Apps He said firms face few good options for idle money, and that Bitcoin is one of those options for companies that can stand big price swings. Corporate Bitcoin Treasury Choice Based on reports tracking public disclosures, publicly listed firms hold about 1
source: https://www.newsbtc.com/news/bitcoin/saylor-defends-bitcoin-treasury-firms-amid-rising-criticism/