New York digital media company the latest to add Bitcoin to balance sheet By Cointelegraph


New York digital media company the latest to add Bitcoin to balance sheet

Townsquare Media (NYSE:), a New York based digital marketing and radio station company is the latest business to back the original cryptocurrency with its addition of $5 million worth of (BTC) to its balance sheet.

A filing with the Securities and Exchange Commission (SEC) disclosing Townsquare’s purchase of Bitcoin was first picked up by Macroscope, a Twitter (NYSE:) account which focuses on institutional trading who posted the find on May 10.

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