StanChart warns of potential liquidation risks for corporations adopting Bitcoin at high prices

A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report ...

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StanChart warns of potential liquidation risks for corporations adopting Bitcoin at high prices

Source: CryptoSlate

A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report shared with CryptoSlate. The bank’s research, authored by head of digital assets research Geoffrey Kendrick, highlighted that 61 companies now hold Bitcoin in […]