Plby Group

  • Playboy’s parent company reported an impairment loss of $4.9 million on Ethereum held in 2022

    According to reports, Playboy’s parent company Plby Group reported an impairment loss of $4.9 million on Ethereum held in 2022. Plby Group accepts Ethereum as a payment method for its Rabbitars NFT project launched in 2021 and holds it as a digital asset on its balance sheet. PlayboyTV accepted Bitcoin payments in 2018. (Coindesk) Interpretation of this information: Plby Group, the parent company of Playboy, has reported an impairment loss of $4.9 million on Ethereum held in 2022. The company accepts Ethereum as a payment method for its Rabbitars NFT…

    03/17/2023
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