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CfC St. Moritz Allocates 25% of Treasury to Bitcoin Asset
The CfC St. Moritz digital asset conference has announced it will allocate 25% of its treasury assets to Bitcoin. This initiative aims to enhance financial independence long-term.
- Sygnum Bank, a Swiss-regulated entity, is chosen to manage the crypto reserve.
- Nicolo Stoehr, CEO of CfC St. Moritz, cites the bank’s regulatory compliance and infrastructure as reasons for selection.
- Stoehr emphasizes that Bitcoin symbolizes decentralization, resilience, and trust, ensuring the event's future and commitment to the crypto ecosystem.
Current Trends in Bitcoin Treasury Adoption
- 192 public companies collectively hold about 1,032,627 BTC, valued at over $116 billion.
- Strategy leads with approximately 639,835 BTC.
- Institutional interest is growing, but analysts warn of potential credit risks due to Bitcoin's price volatility.
- Since July, new corporate adoption has declined by 95%.
- Companies like Metaplanet have experienced share value declines amid Bitcoin's price fluctuations.
Risk and Opportunity Management
- CfC St. Moritz acknowledges Bitcoin's downsides but highlights the risks associated with fiat currencies, such as debt expansion.
- The conference leadership believes in preserving purchasing power through diversified reserves, including Bitcoin.