BM: Flexport holds Bitcoin on its balance sheet

Bitcoin Magazine reports:

Ryan Peterson, CEO of Flexport, a global supply-chain logistics company that focuses on connecting the entire global trade ecosystem, tweeted to the world that bitcoin sits securely on their balance sheet.

When asked what percentage of their $1.6 billion balance sheet was in bitcoin, Peterson responded, “We don’t disclose that, but it’s not zero.”

This announcement comes from a thread where Peterson discussed the ability of the company to navigate turbulent waters with current market tensions.


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