Half of Large British Businesses Hold Stockpiles of Cryptocurrency

A brand new ballot of IT mangers at giant UK companies discovered that precisely half hold stockpiles of cryptocurrency for numerous causes. Not like what some may think, solely a really small fraction of the businesses which can be holding bitcoin declare to be doing in order preparation for a ransomware assault.

Additionally Learn: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC

Large British Bitcoin Survey

A brand new analysis commissioned by software program developer Citrix (NASDAQ: CTXS) has discovered that 50% of giant British companies have stockpiles of cryptocurrency. The research, which was carried out in partnership with One Ballot, surveyed 750 IT resolution makers inside giant UK companies of 250 workers or extra. It discovered that these companies maintain a mean of 24 bitcoins every. Out of these firms, simply 7% are investing in bitcoin alone and 93% in a extra numerous portfolio of cryptocurrencies. 54% have purchased litecoin, 43% ethereum, 33%…

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