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Not Just MicroStrategy: The Story of a Small Pizza Business that Bought Bitcoin Worth $200K

Numerous large corporations and institutions entered the bitcoin space in the last year or so with substantial purchases worth billions of dollars in total. Keeping in mind that some of those names were giants like Tesla, MicroStrategy, Ruffer Investment, and MassMutual, it’s quite normal that they all made the news more than once.
But what about the so-called little guy? Being considered as a highly-volatile and risky asset with a little over a decade-long history, BTC doesn’t sound like the preferable asset for smaller businesses to put on their balance sheets, right?
However, that doesn’t seem to be the case for a small husband-and-wife-owned pizza business with two joints in Alabama, the US, called Sam & Greg’s Pizzeria/Gelateria.
Greg Hathorn, the co-owner (also known as the husband), recently commented on a Michael Saylor endorsement of Square’s $170 million BTC purchase that they had moved $200,000 off their business’ balance sheet into the primary cryptocurrency.
CryptoPotato reached out to the Hathorns to find out more about their decision, thoughts on bitcoin, exit strategy, and everything in between.
Why Bitcoin, Greg?
Arguably the most profound question for every (new) investor is why he or she has decided to allocate funds in a certain asset – or as a popular US-British author wrote once – “it all starts with the why.”
Greg shared with us that his background was in IT, despite his ongoing restauranteur endeavors, and said that cryptocurrency and blockchain technology have been in his sights for quite some time.

Story continues on Crypto Potato

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