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Small Food Company Bets Big on Bitcoin—Investors Yawn as Stock Tanks
Small Food Company Bets Big on Bitcoin—Investors Yawn as Stock Tanks
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Another day, another corporate treasury diving headfirst into crypto. This time it’s a little-known food firm snapping up 21 BTC—joining the ’digital gold’ bandwagon despite zero evidence it’ll help their bottom line.
Wall Street’s response? A collective shrug followed by the usual sell-off. Because nothing says ’confidence in our core business’ like gambling with shareholders’ money on volatile internet money.
One thing’s certain: their IR team just earned a masterclass in how to turn a press release into a stock dip.
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