Bloomberg: Strategy Imitator Stock Performance Lags as Speculative Fervor Wanes

BlockBeats News, June 2nd, According to Bloomberg, it turns out that buying Bitcoin to boost stock prices may not be the cure-all for companies as it once seemed.

In recent weeks, some companies, including the Trump Media & Technology Group Corp., have announced plans to put cash — sometimes even borrowed funds — into Bitcoin, joining the ranks of this strategy pioneered by Strategy's (formerly MicroStrategy) Michael Saylor.