Bitcoin’s (BTC-USD) arrival into the mainstream has seen companies like Microstrategy (MSTR), Block (SQ) and Tesla (TSLA) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salaries in cryptocurrency.
But with Bitcoin slumping by nearly half since hitting a November high under $69,000 in the midst of crypto’s grim winter, the strategy is not without risk — especially for companies bound by strict corporate accounting rules that…
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