Source: AOL
“Bitcoin (BTC-USD) climbed toward a new high on Tuesday as investors continue to bet on the Trump administration’s friendly stance toward the crypto industry and companies increasingly add the token to their balance sheets. As of 1 pm ET, the token was trading just below $109,000, roughly $3,000 away from touching its all-time intraday high in May. Greater adoption of the token has been driven in part by dozens of public companies getting on the bitcoin bandwagon. ‘Over time, bitcoin has proven itself to be a better hedge against inflation than many other asset classes,’ said Elliot Johnson, CEO of Bitcoin Treasury Corp., an advisory firm that helps companies acquire and hold bitcoin as part of their balance sheets.” (06/10/25)
https://www.aol.com/finance/bitcoin-climbs-companies-increasingly-tokens-170945680.html