Superfood chain Everbowl plans to convert its cash reserves into BTC

Time：2022-02-07 Source： 1274 views Trending Copy share

According to an announcement issued by the California-based superfood chain Everbowl, Everbowl has conducted research and discussed with advisors converting its cash reserves into BTC and how to run the company using the Bitcoin standard.

Jeff Fenster, founder and CEO of Everbowl, said, “It’s not the most beneficial or safest way to run a business entirely in cash in 2022 and beyond.”

In the future, the company plans to allow its employees to be paid in cryptocurrency. Jeff Fenster added, “While we understand that it is not currently possible to convert 100% of our business operations to the Bitcoin standard, as more access points become available, we will increase our adoption and conversion rates.”

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