CoinDesk Analyst to UK Crypto Firms: Ditch Sterling, Go Full Bitcoin Treasury
As traditional finance wobbles, a CoinDesk analyst drops the mic: UK crypto firms should allocate reserves to Bitcoin—stat.
Why fiat when you can HODL?
With inflation eating cash reserves and regulators slow-rolling crypto frameworks, BTC’s scarcity play looks increasingly rational. Even for risk-averse CFOs.
The kicker?
This isn’t just crypto-bro posturing. MicroStrategy’s BTC-heavy treasury—up 300% since 2020—is the elephant in the room. Meanwhile, UK banks still charge £25 for an international wire. Progress.
One hedge fund manager quipped: ’Gold is for boomers, bonds are for masochists.’ Harsh—but with central banks printing money like Monopoly tickets, who’s laughing now?