Navigating the Crypto Maze: Treasury Management Tips
The world of crypto is buzzing, and it’s not just about Bitcoin going up or down. As businesses dive into this digital currency game, the stakes are high. Take a look at MicroStrategy, for example. They’ve thrown their weight behind Bitcoin, and while it’s risky, they’ve managed to turn this into a solid financial play. So, if you’re thinking of dipping your toes into crypto, here’s a rundown of some best practices for managing your digital assets while keeping your business afloat.
The Bitcoin Business Model
MicroStrategy has been in the news for treating Bitcoin like a stock in their treasury. This isn’t just a wild gamble. They’ve shown how a company can use crypto to hedge against inflation and currency risks. But, of…
