Rush to bitcoin? Not so fast, say keepers of corporate coffers

By Tom Wilson, Anna Irrera and Jessica DiNapoli

LONDON/NEW YORK (Reuters) – When Elon Musk’s Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency.

Yet there’s unlikely to be a concerted crypto charge any time soon, say many finance executives and accountants loath to risk balance sheets and reputations on a highly volatile and unpredictable asset that confounds…


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