Increasing credit risk: Companies are increasingly holding Bitcoin and cryptocurrencies in their coffers”

Increasing credit risk: Companies are increasingly holding Bitcoin and cryptocurrencies in their coffers”

Growing risk: Companies hold Bitcoin and cryptocurrencies in their coffers

In recent years, an increasing number of companies have chosen to hold Bitcoin and other cryptocurrencies in their financial reserves. However, this development could increase credit risk, analysts at Morningstar DBRS note.

The decision to own cryptocurrencies is influenced by various economic and strategic factors. On the one hand, many companies see digital assets as a way to diversify their assets and potentially benefit from market volatility. On the other hand, this step also carries risks that should not be ignored.

Analysts at Morningstar DBRS warn that cryptocurrency volatility could increase financial risk for companies. Falling prices for Bitcoin and Co. could affect companies' liquidity and question their ability to repay loans. These uncertainties could have a negative impact on the creditworthiness of companies and thus increase the general credit risk.

In summary, holding Bitcoin and other cryptocurrencies brings both opportunities and significant risks for businesses. Companies must carefully consider the extent to which they want to invest in digital assets, particularly in view of the potential impact on their creditworthiness.