HomeCoinsBitcoin (BTC)American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC...

American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC to Investment Portfolio – Finance Bitcoin News

- Advertisement -


Following in the footsteps of Tesla, the home warranty company American Residential Warranty (ARW) says it will accept cryptocurrency payments for its services. In addition, the company also plans to acquire and hold bitcoin as part of its strategy “to expand its investment portfolio and boost returns on cash.”

In his statement following the announcement, Josh Brauser, the company’s chief revenue officer said that by adopting crypto payments, ARW is demonstrating that it is a “tech-forward company that adapts quickly to emergent technologies.”

“As businesses around the world embrace this new era of global currency, at American Residential Warranty we are proud to continue being an innovator in the home warranty space with plans to accept bitcoin payments from our increasingly tech-savvy customers,” added Brauser.

Concerning the Boca Raton-based company’s plan to add bitcoin (BTC) to its balance sheet, the statement reveals that ARW, which offers its services in all of the 50 U.S states, will be working with the crypto exchange, Gemini. The exchange will be handling custodial services for American Residential Warranty.

Furthermore, the statement hints that BTC, which has grown by more than 300% in the past 12 months, is an asset that fits the profile of securities that ARW wants to invest in.

By embracing BTC and crypto payments, the U.S. firm ARW joins the growing list of companies and prominent individuals who have made the same decision. Meanwhile, companies keeping bitcoin and ethereum on their balance sheets is also trending internationally.

What is your impression of ARW’s decision to embrace BTC? Tell us what you think in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,499FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 62,634.00
ethereum
Ethereum (ETH) $ 3,880.38
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 617.95
litecoin
Litecoin (LTC) $ 187.06
eos
EOS (EOS) $ 4.51
okb
OKB (OKB) $ 16.11
tezos
Tezos (XTZ) $ 6.59
leo-token
LEO Token (LEO) $ 2.96
cardano
Cardano (ADA) $ 2.17
monero
Monero (XMR) $ 264.26
stellar
Stellar (XLM) $ 0.393915
chainlink
Chainlink (LINK) $ 26.57
huobi-token
Huobi Token (HT) $ 7.52
tron
TRON (TRX) $ 0.099322
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 190.72
neo
NEO (NEO) $ 43.49
iota
IOTA (MIOTA) $ 1.24
nem
NEM (XEM) $ 0.169319
zcash
Zcash (ZEC) $ 138.51
maker
Maker (MKR) $ 2,533.76
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 53.35
vechain
VeChain (VET) $ 0.122626
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 56.29
kucoin-shares
KuCoin Token (KCS) $ 13.45
waves
Waves (WAVES) $ 29.05