Crypto
Companies ditch altcoins and focus on bitcoin as corporate BTC hoarding picks up again
Corporate bitcoin stockpiling is accelerating again, with companies in Japan, France, Britain and Singapore moving to expand holdings this week. Japan\'s Remixpoint sold all its altcoins and said it will hold only bitcoin, leaving it with about 1,506 BTC. France\'s Capital B secured a 7.6 million euro private placement taken up by Adam Back and plans to use most proceeds to buy more bitcoin. Britain\'s Smarter Web Company and Singapore\'s Genius Group also outlined additional purchases.