How do poker site hedge against BTC price fluctuation?

B

blix177

Visionary
Silver Level
Joined
Mar 26, 2007
Total posts
530
Awards
1
Chips
22
I am sure most poker sites have a large bitcoin position? And the recent increase in value must be great for them, but how do they hedge against a big fall?
 
EmiTou

EmiTou

Rock Star
Silver Level
Joined
Aug 10, 2020
Total posts
172
Chips
0
In the same way that any other entity, the investments and volatility of bitcoin makes one know what it plays, for sure there is support, and on the other hand, do not forget that poker sites continuously generate income beyond the bit.
 
Top