Adam Back Predicts Companies Will Embrace Bitcoin as Treasury Asset

Cryptocurrency veteran Adam Back, CEO of Blockstream, predicts widespread adoption of Bitcoin by companies for treasury operations. This bold prediction aligns with his company’s plans to list on the Nasdaq and hold 30,000 Bitcoin. His vision could impact financial markets, potentially reducing interest in altcoins. Back’s strategic actions include creating a new company aiming for listing on the Nasdaq and holding 30,000 Bitcoin. These moves signal a shift towards Bitcoin-focused treasury practices.