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Bloomberg: Strategy imitators' stock prices perform poorly as the speculation frenzy gradually fades.
According to a report by Jinse Finance, an article from Bloomberg states that buying Bitcoin to boost stock prices may not be the panacea for companies that it once seemed to be. In recent weeks, several companies, including Trump Media & Technology Group Corp., have announced plans to invest cash—sometimes even borrowed funds—into Bitcoin, joining the strategy pioneered by Michael Saylor of Strategy (formerly MicroStrategy).