Posts

Companies in the Bitcoin market !!

avatar of @arrixion
25
@arrixion
·
·
0 views
·
1 min read

Many companies Around the world have been putting millions into the Bitcoin market lately. The value of Bitcoin in the coffers of many companies is estimated at 7 billion dollars. The number is small in relation to the global financial system. This shows that all companies that invest in Bitcoin have looked for opportunities behind them. It also shows that they are not ordinary investors who like risk, but for informed and long-term investors. There are also reasons why companies invest in Bitcoin. First it can send or receive money directly with the transaction cost being very small. He will not wait for a transfer from the bank for days but a few minutes. Another reason is that he does not pay commissions to the banks and has no expenses when he wants to convert a currency. And another very important reason is that if a government decides to apply capital controls or some restrictions, this does not prevent companies from doing business. And now in essence. A company in the portfolio has 60% stocks and 40% bonds and this gives them about 6.83% per year. With a 3% of the portfolio placed in Bitcoin, the yield rises to 10.24% and at the same time the losses are reduced. Cryptocurrencies are not as wind as some people want to say, but they are an opportunity for investment and they are certainly beginning to enter our lives and will play an important role in transactions and product purchases.

Posted Using LeoFinance Beta