Middle Eastern Restaurant Chain Converts Entire Reserves to BTC

Cointelegraph

Published Aug 19, 2020 09:19PM ET

Updated Aug 19, 2020 11:00PM ET

A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin.

According to an Aug. 19 tweet from Tahini’s — ‘the best Middle Eastern restaurant in the world’ — the decision to switch its cash reserves to crypto had its genesis in March’s crash, and when the Canadian government began to provide assistance programs for businesses unable to stay open due to the pandemic.

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