Cryptocurrencies: 6458 / Markets: 47922 Market Cap: 24h Vol:
2020-10-24 11:00:00

Corporate Treasuries Caught Between an Inflation Rock and Bitcoin

Bitcoin (BTC) is gradually becoming acceptable among mainstream investors and corporations. Nowhere has this been made more evident than with MicroStrategy’s adoption of the most popular cryptocurrency as its main reserve asset. The Virginia-based tech consultancy converted over USD 400m of its cash reserves into bitcoin, with co-founder Michael Saylor declaring that he

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer