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General Motors Will "Continue Evaluating" Bitcoin, Says CEO Mary Barra

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Wed, 02/10/2021 - 16:15
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Alex Dovbnya
General Motors has no plans to have Bitcoin on its balance sheet
General Motors Will "Continue Evaluating" Bitcoin, Says CEO Mary Barra
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Mary Barra, the CEO of General Motors Company, says that the legendary automaker will “continue evaluating” Bitcoin as a means of payment for its cars and services, CNBC reports.

However, she has no plans to add it to the company’s balance sheet as of now. 

Related
BREAKING: Tesla Gets $1.5 Billion Worth of Bitcoin

Bitcoin can no longer be ignored

Following Tesla’s $1.5 billion Bitcoin move, the cryptocurrency is now on the mind of many major corporations. The market cap of the e-car manufacturer is currently over ten times larger than that of GM.  

Earlier today, U.Today reported that Twitter was considering adding the bellwether cryptocurrency to its balance sheet.

Rumor has it that Oracle is also rumored to join the Bitcoin game, according to RT’s Max Keiser.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.