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US Companies Embrace Bitcoin: BOXABL Follows Tesla's Lead in Treasury Management

Las Vegas-based modular home manufacturer BOXABL has made a significant strategic decision by adding Bitcoin to its treasury reserves.

This move places BOXABL alongside industry giants like Tesla, Coinbase, and MicroStrategy in recognizing Bitcoin's potential as a valuable asset.

Company officials expressed concerns over the depreciation of cash reserves due to inflation, emphasizing Bitcoin's ability to maintain long-term value.

Furthermore, Bitcoin's liquidity and potential for capital appreciation were critical factors in making this decision.

In addition to investment, BOXABL is also accepting cryptocurrencies for sales, showcasing a commitment to innovation.

The company outlined several reasons for adopting its Bitcoin strategy, including inflation protection and portfolio diversification.

Additionally, BOXABL aims to reduce counterparty risk while promoting financial innovation and resilience against economic shocks.

Meanwhile, former President Trump has asserted that the U.S. is poised to lead in the crypto and Bitcoin space, further energizing the digital asset market.

His recent crypto dinner event highlighted America's aspirations for blockchain dominance, blending politics with cryptocurrency interests.

As more companies like BOXABL integrate Bitcoin into their financial strategies, we could witness a shift in how businesses perceive and utilize digital assets in the U.S. economy.