Why Flexport invested in bitcoin.

[Flow-er]

Many companies are willing to partake in the cryptocurrency world. The essence of the inclusion is to gather profit for the company and that's exactly the reasons why most of the company accept cryptocurrency or invest part of their balance sheets into crypto assets. The crypto ecosystem is currently witnessing a very serious and robust development . Building ones digital assets in cryptocurrency is a big investment that will increase your balance sheet in no time. Imagine the profit of those who holds bitcoin for 12 years . The increase of in value was massive and it will be a very huge profit added to your balance sheet.

Flexport, a global supply chain logistics company have also dipped toes in bitcoin. They company made it known on the Internet that part of the $1.6 billion in balance sheet was invested or stored in bitcoin. The company is a famous global logistics company that is poised with delivering merchandise to its clients across the globe. The company boast that it has $1.6 billion in assets without owning ships or planes. The company was founded in 2013 by Ryan Peterson and it was aimed to provide an automated logistics services to the customers saving them lots of cost. However, Ryan Peterson, the CEO of Flexport do not disclose the amount in dollars of bitcoin it stored when he was interviewed.

 

[Lens1000]

There are so many people and institutions that are dipping their hands in the cryptocurrency. I man not surprised that flexiport decided to make to involve itself in cryptocurrency because it will facilitate easier global payments because the company is a global logistics company. I know very well that the company will acquire very large amounts of bitcoin . This is a positive news that will cause a significant spike in the price of cryptocurrencies because it's a major news.