CBMA adds Bitcoin to corporate treasury and starts accepting Bitcoin for services
1 CommentAs of January 2022. Cipcic-Bragadin Mesic & Associates started accepting Bitcoin as a means of payment for legal services and added Bitcoin to its corporate treasury.
Being the leaders and pioneers in the Croatian legal market we are glad to announce that we’ve started accepting Bitcoin as a means of payment for our legal services.
Furthermore, in January 2022. we have also completed an allocation of Bitcoin to our corporate treasury, which was our first direct investment in Bitcoin.
Silvije Cipcic Bragadin, a director in Cipcic Bragadin Mesic & Associates commented:
We are witnessing a trend among leading companies to start accepting Bitcoin for their goods and services and to hold it in their balance sheet. Many international companies started doing so and we simply joined the trend. Payments are not the only purpose Bitcoin is being used nowadays since many companies also view Bitcoin as store of value that will replace gold one day in that respect. Being one of the leading law firms in Croatia we’ve always been tech savvy, follow trends and we are always open to explore new business models. Since we regularly advise some of the most innovative companies in the world including many crypto service providers that use Bitcoin for transactions and provide various crypto services, it was natural step for us to explore this possibility. I personally believe that Bitcoin is a superior asset to many other assets and deserves to be part of every corporate balance sheet. Our plan is to hold Bitcoin in our balance sheet long term and allocate any excess cash to new Bitcoin purchases.
One comment
Comments are closed.