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REFILE-EXPLAINER -Bitcoin on your balance sheet? Here’s what you need to know – Yahoo Finance

Large companies from carmaker Tesla Inc to business intelligence firm MicroStrategy Inc have swapped billions of dollars in cash for bitcoin in recent months…

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(Corrects typo in headline)
By Tom Wilson, Anna Irrera and Jessica DiNapoli
LONDON/NEW YORK, March 8 (Reuters) – Large companies from carmaker Tesla Inc to business intelligence firm MicroStrategy Inc have swapped billions of dollars in cash for bitcoin in recent months.
Yet hurdles remain for the quick dawn of a wider trend of major corporations holding bitcoin, from the cryptocurrency’s volatility to reputational risk, financial chiefs and accountants told Reuters. Main story:
Here are some of…

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