Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
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Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern

THELOGICALINDIAN - A new poll of accounts managers by Gartner Accounts finds that a majority are not planning to authority bitcoin as a accumulated asset In their responses best of the 77 accounts leaders interviewed adduce bitcoins animation as one appropriate of the crypto asset that is acutely difficult to mitigate

The Concerns of Finance Executives

The survey’s allegation arise to belie the growing affect that abounding added listed companies will chase in the footsteps of Telsa, Microstrategy, and Square Inc. In a statement appear alongside the survey’s findings, Alexander Bant, arch of analysis at Gartner Finance reveals that 84% of the respondents accept that “bitcoin’s animation airish a banking risk.” In accession to the cryptocurrency’s volatility, the admiral additionally name six added areas of concern.

Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern

As apparent by the survey’s findings, about 39% of the respondents adduce their board’s accident abhorrence as addition agency that contributes to the accommodation not to authority BTC. About 38% adduce the apathetic acceptance of the crypto asset as an accustomed anatomy of acquittal or exchange. Regulatory apropos (32%) and abridgement of ability in ambidextrous with cryptocurrencies (30%) are the abutting above affidavit cited by the top accounts leaders.

Still, the allegation advance that compassionate the appulse of captivation BTC on companies like Telsa and Microstrategy will become a agency for accounts managers that may appetite to chase suit. According to Gartner Finance’s statement:

Prospective Buyers Are Not in a Hurry

Meanwhile, the allegation additionally appearance that 16% of respondents that are accommodating to accept cryptocurrency as allotment of their organization’s banking strategy, arise to be in no blitz to do so. Regarding those that accept abreast appellation plans, the allegation show:

In the meantime, the analysis allegation appearance that “there was no aberration in absorbed to authority bitcoin amid baby organizations ($1 billion revenue).” Fifty percent of respondents from the technology area ahead captivation the arch cryptocurrency in the future. Private aggregation accounts admiral were beneath favorable appear bitcoin with aloof 7% adage they would anytime authority it.

Do you accede with the allegation of this survey? You can acquaint us what you anticipate in the comments area below.

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