Volcon Charges Into Bitcoin Treasury Game: EV Maker Allocates $500M to BTC Reserves
Another corporate heavyweight bets big on Bitcoin—this time it's electric vehicle upstart Volcon. The Texas-based firm just parked half a billion dollars in crypto reserves, joining MicroStrategy's growing army of balance-sheet bitcoiners.
Why This Matters
Traditional treasuries yield pennies while inflation eats dollars. Volcon's move screams what every CFO knows but won't admit: holding cash is the real risk. Their $500M allocation could buy 7,500+ BTC at current prices—enough to make even Michael Saylor raise an eyebrow.
The Bigger Trend
From Tesla to Block, public companies keep turning their vaults into crypto wallets. Volcon's playbook? Mine shareholder value the 21st century way—with digital pickaxes instead of dividend payouts.
Bottom Line
Another brick in the institutional adoption wall. Though let's be real—if this bull run tanks, that 'strategic reserve' might just fund some very expensive golf cart batteries.
