Three months ago, Georges Karam had never considered for a moment that his semiconductor company might start buying bitcoin.
Shares of his New York-listed business had been struggling for some time when Karam read about a healthcare company that had bought the digital currency and seen its stock price soar.
The French chief executive says he began reading about bitcoin and became “intrigued”. After a failed deal spooked investors, he says, “I was looking for ways to unlock the value of the company.”
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