The software development company, Globant, has filed documents with the SEC revealing an allocation of $500,000 in bitcoin. The firm has put the BTC investment into its portfolio of “intangible assets.”
Globant is an IT and software development conglomerate founded in 2003 and headquartered in Argentina. It has over e dozen offices worldwide, including in the UK, the UK, Brazil, India, Mexico, Spain, and more.
According to a recent filing with the US Securities and Exchange Commission, Globant has “purchased an aggregate of [$500,000] in crypto assets, comprised solely of bitcoin.” The allocation has happened during the first quarter of 2021.
The filing shows that the company has listed the BTC investments into the “intangible assets” next to licenses, customer contracts, non-compete agreements, and more.
“Bitcoin is a cryptocurrency that is considered to be an indefinite-lived intangible asset because bitcoin lacks physical form and there is no limit to its useful life
Źródło: https://cryptopotato.com/it-giant-globant-joins-buys-500000-worth-of-bitcoin/
