Proton CEO and co-founder Andy Yen said that he is unsure whether his company will continue to hold Bitcoin during a Forbes interview published on Dec. 27.
The company, which offers the encrypted email app ProtonMail and various other services, has held Bitcoin for at least five years. After years of limited integration, Proton officially began accepting Bitcoin payments in 2017. In 2019, the company confirmed that it had been holding Bitcoin that it received from customers.
Yen affirmed today that Proton has “always kept some of [its] reserves in Bitcoin” but suggested that the firm is not guaranteed to do so. He said:
“There’s an internal debate: I don’t have the answer to that yet — I’m not sure if we continue to hold Bitcoin or not hold Bitcoin.”
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