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This Crypto Stock Has a Business Beyond Digital Currency
['Emma Newbery']
The Motley Fool
And certain noncrypto companies can turn their fortunes around just by adding Bitcoin (CRYPTO: BTC) to their balance sheets.
Crypto gains eclipse software revenue -- on paperStrategy's core business is providing data analytics software to improve business intelligence.
It leverages its Bitcoin holdings to borrow money to buy more Bitcoin.
For investors, there are a few important indicators to use when analyzing crypto corporate treasury companies.
One is to compare the company's market value with what its crypto holdings are worth -- in this case, a market cap of almost $98 billion against crypto holdings of almost $74 billion.
['business'
'stock'
'holdings'
'currency'
'software'
'crypto'
'bitcoin'
'corporate'
'world'
'companies'
'digital'
'value'
'strategy'
'bitcoins']