Tahinis, a restaurant in the Canadian city of Ontario, has converted its entire cash reserve into Bitcoin (BTC), the team revealed in a tweet posted on August 18.

• The Mediterranean restaurant chain stated that the conversion took place because of a belief in Bitcoin as a hedge
• Team talks about how the pandemic has hit business, and that re-employing workers has been difficult
• Once business got better, management decided to convert to BTC because of the excess cash circulating the economy, and saying it was a better alternative to “saving cash”
• Team also references MicroStrategy’s recent $250 million investment in Bitcoin and other assets