Benchmark: Small businesses choosing bitcoin buying strategies risk becoming "zombie companies"
2025-02-12 03:54:44
Mark Palmer, senior equity research analyst at The Benchmark Company, said that small businesses opting for a bitcoin buying strategy could turn them into "zombie companies," explaining that "companies whose stocks are in trouble... choose to follow MicroStrategy's lead and use their core business to drive a bitcoin buying strategy, but their business model is not particularly compelling in the eyes of many investors."
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