The optionality that bitcoin gives a company is of tremendous value. It is important to understand what bitcoin actually is: money (the hardest money the world has ever seen) and not a return-bearing asset. From: Treasury / Balance Sheet - Having Optionality
Key Insight from Bitcoin for Institutions: 4. This isn't accounting trickery - bitcoin genuinely lowers costs over time because USD underperforms BTC by design. Chapter: Treasury / Balance Sheet - Having Optionality
Key Insight from Bitcoin for Institutions: 5. Credit markets will be transformed - what creditworthiness actually means is being redefined by this innovation. Chapter: Structured Credit