Company bitcoin readiness quiz

1. Does the company have a written treasury policy, approved by the board, that would cover a bitcoin holding? Yes No Not sure

2. Has the company decided how many months of operating costs it keeps as a protected cash reserve? Yes No Not sure

3. Has the board set a maximum allocation, worked out from cash that is not needed for the reserve or known obligations? Yes No Not sure

4. Has the company compared the custody models: self-managed multisig, collaborative multisig, a regulated custodian and an exchange-traded product? Yes No Not sure

5. Would every transfer need at least two people, with the person who prepares it not the only one who approves it? Yes No Not sure

6. If keys were held, does the company know how it would set them up and test recovery before funds are moved? Yes No Not sure

7. Is there a plan for a keyholder who leaves, is ill or dies? Yes No Not sure

8. Has the company's accountant confirmed which accounting framework and tax rules would apply? Yes No Not sure

9. Does the company know how to check a provider's regulatory status and what protection applies if it fails? Yes No Not sure

10. Has the board discussed the topic and recorded its decisions in the minutes? Yes No Not sure

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