Bloomberg: Strategy imitators' stock performance is poor as the speculation frenzy wanes

ChainCatcher news, according to Bloomberg, it turns out that buying Bitcoin to boost stock prices may not be the panacea for companies that it once seemed to be.

In recent weeks, several companies, including Trump Media & Technology Group Corp., have announced plans to invest cash—sometimes even borrowed funds—into Bitcoin, joining the strategy pioneered by Michael Saylor of Strategy (formerly MicroStrategy).