American Coinbase revealed that Bitcoin (BTC) and other cryptocurrency assets have been an important component of the company’s treasury since its inception in 2012.
In a new announcement to other corporate participants, Oslo Børs presented its own experience of managing its own position in cryptocurrencies as a solid basis for advising other private and public companies on the management of their potential investments.
In a recently published highly detailed Corporate Treasury FAQ, Oslo Børs provides a comprehensive overview of the types of investment, accounting and tax policies that companies may need to consider and adopt if they want to diversify their vaults into cryptocurrencies.
FAQ is a shared resource that covers all types of regulatory, audio, technical and investment issues regarding cryptocurrencies when it comes to business investments and a platform for companies to choose Coinbase, especially as a business implementation, consultant and professional partner. …
The paper also provides an overview of Bitcoin’s performance in recent years from a macroeconomic perspective, and compares it positively with other financial assets such as gold and the S&P 500. “Bitcoin’s strong performance compensates investors for its volatility,” the stock exchange notes. Assets have been adjusted at a rate of 1.52 per year over the past five years, taking into account the bear market in 2018.
Corporate investments in cryptocurrencies, especially bitcoin, have made headlines in recent weeks with Tesla’s $ 1.5 billion investment in assets triggering a rumor of a $ 1 billion in profits. Despite this extraordinary gain, analysts said that while they expect a ripple effect between the companies after Tesla’s move, it is likely that less than 5% of listed companies will be confident enough to invest right now until more clarity comes. Normative.