Canadian Restaurant Makes 300% Gains on Bitcoin, Saving Business from Pandemic: The Tahinis Story
Did Bitcoin save a Canadian restaurant chain from going under during the pandemic? The answer is a resounding yes, according to Tahinis, a Canada-based Mediterranean restaurant chain. This Middle Eastern eatery, based in Canada, made headlines by converting their cash reserves into Bitcoin, a move that ultimately resulted in a reported 300% gain on their BTC investment.
More than a year after Tahinis initially invested, the owner reported that this bold decision helped weather the pandemic's economic storm. Tahinis, a Canada-based Middle Eastern restaurant chain, saw Bitcoin as a better alternative to cash savings, particularly as a hedge against inflation.
Tahinis and Bitcoin: A Pandemic Success Story
Tahinis published a Twitter thread explaining their rationale for moving their entire reserves into BTC. This Canadian restaurant chain's story is a compelling example of how unconventional financial strategies can help businesses survive and even thrive in challenging times. One Canadian restaurant recently made it to the headlines for recording this substantial return on their Bitcoin investments amidst the pandemic. The owner of this Middle Eastern chain attributed their survival and growth to the prescient Bitcoin investment.
Key Takeaways:
- Tahinis, a Canada-based Mediterranean restaurant chain, is the latest business to adopt Bitcoin.
- The Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic. Read the full report to understand their strategy.
- The owner shared their experience, explaining that converting their fiat cash reserves into Bitcoin proved to be a pivotal decision.
Más de un año después de que una cadena de restaurantes de Oriente Medio con sede en Canadá convirtiera sus reservas de efectivo en Bitcoin, el propietario reported significant positive outcomes.