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cryptonews 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

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