Last week, it was revealed by the company that they had significantly increased their bitcoin holdings in the previous year, at the same time downsizing their workforce.
Strategic Financial Decision
The decision to increase bitcoin holdings and reduce the number of employees was seen as a strategic financial move by the company.
Bitcoin Investment Strategy
The company's choice to invest heavily in bitcoin showcased their confidence in the cryptocurrency market's potential for growth.
Impact on Employees
The reduction in the company's workforce had a direct impact on its employees, causing concern and uncertainty among the staff.
Market Response
The market responded to the company's announcement with a mixture of curiosity and speculation, leading to fluctuations in the company's stock value.
