Crypto for Corporates: Does it make sense for you?

The first major corporate purchase of the Bitcoin in October 2020 began a string of subsequent Bitcoin purchases in 2021, including recent purchases by Square and Tesla. Crypto (digital) currencies have shown to be elusive, unpredictable, and potentially, lucrative. According to a recent survey, at least 70% of surveyed CFOs are closely watching others in the market, deciding if they will invest in crypto currency – 5% of these CFOs are planning to buy this year.

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