Summary
- Thumbs Up announced plans to hold 90% of its surplus cash in Bitcoin.
- The action will be implemented as part of a strategy to diversify liquid assets, following board approval.
- They plan to pay gig economy workers in Bitcoin in the future.
The American media marketing company Thumbs Up plans to hold 90% of its surplus cash in Bitcoin (BTC).
According to PR Newswire on the 24th, the board of directors at Thumbs Up announced that they have approved this proposal. Thumbs Up stated that this action is part of their strategy to diversify liquid assets.
Meanwhile, Thumbs Up plans to pay gig economy workers in Bitcoin in the coming weeks.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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