Institutional Investment: Why Do Companies Invest Millions in Crypto? | HackerNoon
Briefly

Institutional investment in cryptocurrency has surged, with over $2.4 billion invested in Q1 2024 alone, while companies like MicroStrategy hold over $14 billion in BTC.
As of early 2024, over 70% of institutional investors plan to invest in crypto, indicating a strong and growing interest in the market despite existing risks.
The market's volatility poses significant risks for investors, but institutions are increasingly willing to navigate these challenges for promising returns.
In just one year, the total crypto market capitalization has increased over 109%, showcasing the high growth potential that is attracting institutional investment.
Read at Hackernoon
[
|
]