Time Magazine To Hold BTC On Its Balance Sheet

 Bitcoin has been finding its ongoing growth by big entities including Paypal, Mastercard, Visa, travel companies like Travala, and many more. 


Now it will be held into the balance sheet as confirmed by a world popular magazine from New York, TIME. 


Its partnership with another New York-based company, Grayscale Investments has also come to notice. 


The motive of both these big firms is regarding the production of series of videos. An agreement has also been made to be paid in dominant cryptocurrency, one and only Bitcoin. 





BTC Hold On Balance Sheet


Bitcoin, the most popular cryptocurrency known in the world, will now be held on the balance sheet. 


An agreement of payment to be done in BTC for video series production has also been made with Grayscale Investments. 


Brief About TIME Magazine


The foundation of this American news magazine was laid long ago in 1923. It covers news from diverse fields including politics, entertainment, health, current affairs, and so on. 


For a long decade, the publishing of the TIME magazine was done weekly. But now in the present year 2021, it has turned into bi-weekly.


It has 20 million subscribers all around the world. A tweet has also come from the chief executive officer of Grayscale Investments. A lot much will be explained about crypto space. 


Besides this, he has also made confirmation about his agreement with TIME magazine president regarding holding BTC on the balance sheet, and also the payment made with it. 


Check out for more other topics like the latest list of Loom Decentralized Apps on Cryptoknowmics.

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