BREAKING
174d 20h ago

Lib Work to Bolster Corporate Reserves with $3.3 Million Bitcoin Purchase as Inflation Hedge

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a significant move for the crypto landscape, Lib Work, a prominent 3D printing construction firm in Japan, has revealed its intention to integrate Bitcoin into its corporate financial strategies. As reported on August 19 by Cointelegraph, the company aims to purchase approximately $3.3 million worth of BTC. This decision underscores a strategic shift towards utilizing Bitcoin as a robust hedge against rising inflation. Lib Work is renowned for its cutting-edge advancements in 3D printing technology, making this investment not only a financial maneuver but also a reflection of the widening acceptance of cryptocurrencies within mainstream industries. As companies increasingly recognize the benefits of diversifying their reserves with digital assets, this development signals a growing trend among corporations to leverage cryptocurrencies for long-term stability.

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