Tag Archives: coffers

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… Source link

Read More »