Dutch Football Team Will Hold Bitcoin

Dutch football team AZ Alkmaar has announced a partnership with local bitcoin exchange Bitcoin Meester, which will become the team’s exclusive and official Bitcoin partner. The exchange will pay part of the contract in bitcoin, which AZ plans to hold on its balance sheet.

“The cryptocurrency market is booming, with an exponential growth of users in recent years,” said AZ’s commercial director Michael Koster, according to a translated version of the announcement. “That is appealing, but it is precisely in a new market that some guidance is important.”

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