Cryptocurrency News & Updates

How My Fraternity Supercharged Our Treasury By Adopting Bitcoin


Credit to Hannah Cron from Lumination Network

During the summer of 2021, the Sigma Alpha fraternity at Lipscomb University decided to put a large percentage of their cash reserves into bitcoin, hold it on their balance sheet, and to accept dues in bitcoin through the Lightning Network. It unanimously passed and was implemented shortly after. At the peak of the move in November, the Sigma Alpha treasury had risen 70% in value from their original purchase.


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