It integrates Bitcoin (BTC) and Ethereum (ETH) into corporate finance and, along with other major companies, converts some of its assets into digital assets. Some large companies have sought exposure to cryptocurrencies over the past year to diversify their holdings and hedge inflation. The most prominent example is the business intelligence company MicroStrategy. It launched the full Bitcoin standard by converting all cash reserves to BTC and taking on debt to raise funds for additional purchases.The decision to add Bitcoin and Ethereum to the balance sheet instead of the looming bear season following the significant decline in Bitcoin and Ethereum reflects KPMG Canada's belief that cryptocurrencies make sense for its business. increase.
https://cryptoiscoming.com/kpmg-canada-adds-bitcoin-ethereum-to-corporate-balance-sheet/
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