Latin American companies are using Bitcoin and other cryptocurrencies!
- Big companies like Mercado Libre (like Amazon, but in Latin America) are buying Bitcoin.
- They’re doing this to protect their money from inflation (when prices go up).
- Some companies even let customers use crypto to buy things.
- One company, Bitfarms, mines Bitcoin and holds lots of it.
Company | Bitcoin Held (approx.) |
---|---|
Bitfarms | 870 |
Mercado Libre | 412 |
Globant | 12+ |
Experts say this is a growing trend in Latin America due to high inflation.