How CFO’s role is important in the Bitcoin centric world of today?
Story Behind the Recent Bitcoin Impact
During the early part of 2021, Elon Musk-owned Tesla bought $1.5 billion worth of Bitcoin and announced that the company will accept Bitcoin as a payment. Immediately, the price of Bitcoin went northwards. In a filing with the Securities and Exchange Commission, Tesla said, they bought the Bitcoin because “it offers more flexibility to further diversify and maximize returns on our cash.”
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