Fathom Holdings, a leading real estate services company, is making a significant move into the world of cryptocurrencies by allocating half of its cash reserves to Bitcoin and planning to accept Bitcoin payments. This bold decision underscores the company
Fathom HoldingsBitcoinReal EstateCryptocurrencyFinancial StrategyReal EstateJan 26, 2025
Fathom Holdings is allocating half of its cash reserves to Bitcoin to hedge against inflation, diversify its balance sheet, capitalize on Bitcoin's long-term value appreciation, and align with the growing trend of institutional adoption of digital assets.
The strategic reasons include hedging against inflation, diversifying cash reserves, long-term value appreciation, and gaining institutional legitimacy by joining other major companies holding Bitcoin.
Yes, Fathom Holdings plans to accept Bitcoin payments, providing customers with an additional, convenient, and secure payment option that aligns with the increasing demand for digital payment solutions.
Accepting Bitcoin payments can attract crypto enthusiasts, enhance customer convenience, and solidify Fathom Holdings' reputation as an innovative player in the real estate sector.
Fathom Holdings must manage the risks associated with Bitcoin's price volatility, which can impact financial stability. However, by maintaining a diversified portfolio and having a solid risk management strategy, the company can mitigate these risks.
Japanese fans of Nintendo gathered for an exclusive event to test the upcoming Switch 2, raising hopes and concerns about the impact of tariffs on the gaming industry.
Strong housing demand drives Macrotech Developers' Q1 sales up 20% to Rs 4,030 crore, with a focus on Mumbai Metropolitan Region and Pune
Gurugram-based real estate developer TREVOC bags award for its commitment to luxury and sustainability at Big FM's Big Impact 2024 Awards
Escape to Asia's premier yoga resorts, from India's rustic retreats to Sri Lanka's coastal oases, for a journey of self-discovery and rejuvenation.
China’s recent stimulus package has led to a shift in foreign investor sentiment, with funds moving from Indian to Chinese equities. Despite this, India remains a strong long-term investment destination.
Jitendra Brahmbhatt, owner of M/s Sahajanand Enterprises real estate company, has been booked for allegedly cheating 69 individuals out of over ₹13.05 crores in an SRA scam.