BitcoinSistemi 2025-03-20 19:44:07

Giant German Company Announces Adding Bitcoin (BTC) to Its Balance Sheet

Germany-based biopharmaceutical company ATAI Life Sciences has announced its decision to allocate a portion of its treasury reserves to BTC, following in the footsteps of firms that have adopted Bitcoin as a strategic asset. ATAI Life Sciences Board Chairman Christian Angermayer explained the move in a Substack post, citing Bitcoin’s potential role in capital preservation and optimization: “In an era of persistent inflation and volatile markets, I find myself asking an important question for biotech companies looking to preserve and optimize their capital: Can allocating some of their treasury cash to Bitcoin help a company preserve, optimize, or even extend its capital, and therefore contribute to its success?” Related News: BlackRock's Cryptocurrency Head Talks About Ethereum As It Starts To Recover: “This Lacking for For Institutional Investorsto Step In" As part of its Bitcoin treasury strategy, ATAI Life Sciences will make an initial investment of $5 million in BTC while maintaining sufficient cash reserves, short-term securities, and public equity to cover operational expenses through 2027. The company’s decision coincides with a growing trend among companies looking to diversify their treasury holdings by including Bitcoin, an approach popularized by MicroStrategy, whose co-founder and chief executive officer Michael Saylor is a vocal advocate for institutional Bitcoin adoption. *This is not investment advice. Continue Reading: Giant German Company Announces Adding Bitcoin (BTC) to Its Balance Sheet