California-based craft superfood chain Everbowl has announced it’s moving its business operations to a Bitcoin standard, in which it will be converting cash reserves into the flagship cryptocurrency.
According to an announcement the California-based superfood chain published, Everbowl has conducted research and spoke with advisors about its available options to move their treasury into BTC and how to run the company using a bitcoin standard.
Jeff Fenster, founder and CEO of Everbowl, was quoted saying:
We’ve concluded that running the business exclusively on cash isn’t the most advantageous, nor the safest, method of running a business in 2022 and beyond.
