Fathom Holdings, a real estate technology firm listed on NASDAQ, has announced its adoption of Bitcoin $104,808 standards. The company will allocate half of its extra cash reserves to Bitcoin following board approval.
Bitcoin Investment and Customer Payments
Fathom Holdings aims to start accepting Bitcoin payments from its customers in the near future. The company revealed plans to begin purchasing Bitcoin or Bitcoin exchange-traded funds (ETFs) within the next two weeks.
Company’s Financial Strategy
Joanne Zach, Fathom’s chief financial officer, highlighted the accelerating integration of Bitcoin into commercial and financial strategies. She described Bitcoin as a hedge against inflation and a safeguard against economic and currency risks in the global economy.
“The integration of Bitcoin into commercial and financial strategies has gained momentum, positioning it as a protection against inflation and a safeguard against economic risks in the global economy.”
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