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Small Food Company Bets Big on Bitcoin—Buys 21 BTC as Treasury Play, Stock Tanks Anyway
Small Food Company Bets Big on Bitcoin—Buys 21 BTC as Treasury Play, Stock Tanks Anyway
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Another corporate treasury jumps on the Bitcoin bandwagon—this time, it’s a little-known food firm making a 21-BTC gamble. Because nothing says ’stable balance sheet’ like volatile crypto assets.
Shares slid post-announcement because Wall Street still prefers its speculation seasoned with traditional market manipulation.
Lesson learned? You can lead a company to blockchain, but you can’t make investors care.
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