{"id":6941,"date":"2021-04-14T10:08:57","date_gmt":"2021-04-14T10:08:57","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=6941"},"modified":"2021-04-14T10:27:21","modified_gmt":"2021-04-14T10:27:21","slug":"holding-bitcoin","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/holding-bitcoin\/","title":{"rendered":"TIME MAGAZINE HOLDING BITCOIN"},"content":{"rendered":"\n<p><strong>TIME Magazine, a legacy media institution, will be paid in holding bitcoin for a cryptocurrency video project and will keeping the asset on its balance sheet.<\/strong><\/p>\n\n\n\n<p>Michael Sonnenshein, the CEO of digital currency investment company Grayscale, has announced a collaboration with TIME Magazine to create a video series about cryptocurrencies, with the publication being paid in bitcoin and keeping BTC on its balance sheet.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Time Magazine on Holding Bitcoin<\/h2>\n\n\n\n<p>\u201cThrilled Grayscale is partnering with <em>TIME<\/em> on a new video series coming this summer explaining the crypto space,\u201d Sonnenshein tweeted. \u201cEqually as important, [<em>TIME<\/em> Presiden] Keith Grossman and <em>TIME<\/em> has agreed to be paid in bitcoin \u2014 and will hold the BTC on their balance sheet. A first for our media partnerships!\u201d<\/p>\n\n\n\n<p>The New York-based newspaper recently expressed its interest in Holding Bitcoin and other crypto-assets by announcing that it was looking for a chief financial officer with &#8220;comfort with Bitcoin and cryptocurrencies.&#8221; The publication stated in the job posting that its business was changing and that it needed the support of a CFO who could help it keep up.<\/p>\n\n\n\n<p>\u201cThe media industry is undergoing a rapid evolution, TIME is seeking a Chief Financial Officer who can help guide its transformation,\u201d per the listing.<\/p>\n\n\n\n<p>Aside from that, three of the publishing house&#8217;s covers were sold as nun-fungible tokens (NFTs), indicating the company&#8217;s growing pro-crypto leanings.<\/p>\n\n\n\n<p>According to <a href=\"https:\/\/www.thestreet.com\/crypto\/bitcoin\/time-magazine-to-hold-bitcoin\"><em>TheStreet Crypto<\/em><\/a>, \u201cTIME represents the first legacy media brand that will hold bitcoin.\u201d<\/p>\n\n\n\n<p>Notably, the company will be entering the ranks of MicroStrategy, Tesla, Square, and a slew of other well-known companies that carry bitcoin. Many of these businesses agree that the digital asset will help them defend themselves from increasing inflation.<\/p>\n\n\n\n<p>Source : <a href=\"https:\/\/bitcoinmagazine.com\/business\/time-magazine-to-hold-bitcoin\" class=\"rank-math-link\">Bitcoin magazine<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.buyucoin.com\/crypto-labs\/bitcoin-reaches-all-time-high-62575\/\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/bitcoin.jpg\" alt=\"bitcoin price\" class=\"wp-image-6899\" srcset=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/bitcoin.jpg 750w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/bitcoin-300x200.jpg 300w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/bitcoin-150x100.jpg 150w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/a><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TIME Magazine, a legacy media institution, will be paid in holding bitcoin for a cryptocurrency video project and will keeping the asset on its balance sheet. Michael Sonnenshein, the CEO of digital currency investment company Grayscale, has announced a collaboration with TIME Magazine to create a video series about cryptocurrencies, with the publication being paid&hellip;<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[701],"class_list":["post-6941","post","type-post","status-publish","format-standard","hentry","category-coin-news","tag-time-magazine-holding-bitcoin"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6941"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=6941"}],"version-history":[{"count":2,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6941\/revisions"}],"predecessor-version":[{"id":6944,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6941\/revisions\/6944"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=6941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=6941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=6941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}