Fathom Holdings, a Nasdaq-listed real estate services company, plans to allocate up to 50% of its excess cash reserves toward Bitcoin and Bitcoin exchange-traded funds (ETFs), with an initial investment of $500,000. This decision aims to diversify its US dollar-dominated balance sheet amid the growing adoption of Bitcoin as a hedge against inflation and currency risks. CEO Joanne Zach noted the increasing integration of Bitcoin into financial strategies across markets, highlighting its rapid uptake among corporate and institutional players. Following the announcement, Fathom's stock price remained stable, trading around $1.33 per share, with a market capitalization of approximately $30 million. The move aligns with a trend, as over 70 publicly traded companies now possess Bitcoin, collectively holding more than $64 billion, with MicroStrategy being the largest holder. Proposals are also being made in big tech companies to consider Bitcoin as a treasury asset, indicating a broader recognition of its potential value in corporate finance.

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