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Dec 20, 2021
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News

by Kevin Helms

Apr 13, 2021
 * 
 * 0




TIME MAGAZINE GETS INTO BITCOIN: PARTNERS WITH GRAYSCALE, WILL HOLD BTC ON
BALANCE SHEET




TIME Magazine will be holding bitcoin on its balance sheet, the company’s
president has confirmed. TIME is also partnering with Grayscale Investments to
produce a video series on cryptocurrency and has agreed to be paid in bitcoin.


TIME MAGAZINE WILL HOLD BITCOIN ON BALANCE SHEET

TIME Magazine has partnered with Grayscale Investments to produce a crypto video
series. The company will be paid in bitcoin and has committed to keeping the
cryptocurrency on its balance sheet.

Founded in 1923, TIME Magazine provides guides for current affairs, politics,
business, health, science, and entertainment. Published biweekly, the company
says every week over 20 million subscribers worldwide turn to its magazine for
exclusive coverage.

Grayscale CEO Michael Sonnenshein tweeted Monday explaining that the videos
explaining the crypto space will come out in the summer. He also confirmed that
Keith Grossman, President of TIME, has agreed to take his payment in bitcoin and
will hold BTC on the balance sheet.





A growing number of companies are embracing bitcoin, adding the cryptocurrency
to their balance sheets. TIME Magazine joins major companies with bitcoin
treasuries, including Elon Musk‘s Tesla, Jack Dorsey‘s Square Inc., and Michael
Saylor’s Microstrategy.

TAGS IN THIS STORY

bitcoin balance sheet, bitcoin treasury, bitcoin video series, bitcoin videos,
Grayscale Investments, grayscale partner, paid in bitcoin, time magazine

What do you think about TIME Magazine diving into bitcoin? Let us know in the
comments section below.

KEVIN HELMS

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an
evangelist ever since. His interests lie in Bitcoin security, open-source
systems, network effects and the intersection between economics and
cryptography.





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