Bloomberg: Strategy imitators' stock prices perform poorly, speculative frenzy gradually fades away

BlockBeats news, on June 2nd, according to Bloomberg, it has been proven that buying Bitcoin to boost stock prices may not be the panacea for businesses as it seemed in the past. In recent weeks, some companies, including Trump Media&Technology Group Corp., have announced plans to invest cash - sometimes even borrowed funds - into Bitcoin, joining the ranks of this strategy pioneered by Michael Saylor of Strategy (formerly MicroStrategy).