K-Pop Entertainment Firm Stock Jumps 143% After Announcing Bitcoin Treasury Investment Plan
One big K-Pop entertainment company wey dey South Korea see their stock price jump 143% after dem talk say dem wan buy Bitcoin as part of how dem go take manage their company money. Dis na big move from one company wey no be crypto business to start put money for crypto, especially Bitcoin (BTC), to protect themselves from inflation and to get different kind assets. The company no share how much or when dem go buy the Bitcoin but dem talk say dem believe say digital assets go get long term value. This move follow other big companies like MicroStrategy and Tesla wey don start use Bitcoin for company money too. Investors happy well well, e show for how stock price jump sey people dey accept Bitcoin more. People wey dey for crypto market dey watch for other companies wey fit announce like this because if more companies start to use Bitcoin, e fit change how people feel and the price of Bitcoin.
Bullish
Di K-Pop entertainment company announce say dem go put part of dia money for Bitcoin cause dia share price go up well-well by 143%, this one show say investors dey really happy. Dis kain move follow di trend wey non-crypto companies like MicroStrategy and Tesla dey do, as dem dey use Bitcoin as reserve asset. For history, dis kind announcement don help make Bitcoin dey legit and more people like to invest am, e make institutions and retail investors join. As market like am well, if more public companies follow do dis kain announcement, e fit bring better bullish trend and push Bitcoin price higher, both short-term and long-term.