Bitcoin On ‘Zombie’ Zoom’s Balance Sheet? Exec Makes An Intriguing Case

Description

A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant Zoom, despite its hefty $7.7 billion cash reserve. His advice? Explore Bitcoin as a potential strategy to revitalize Zoom’s fortunes. Pandemic Star’s Dramatic Trip From Grace A questionable reality has replaced the story of Zoom’s meteoric rise in the face of the COVID-19. ...