German Cannabis Firm Hedges Bitcoin to Protect from Massive Currency Devaluation

German Cannabis Firm Hedges Bitcoin to Protect from Massive Currency DevaluationOn Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against the euro. Synbiotic’s chief executive officer, Lars Müller explained that the company decided to hedge with the leading crypto asset in order to protect the […]
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