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Seems like they aren’t actually accepting crypto. They made a deal with a crypto exchange to act as an intermediary. A buyer pays Bitpay in crypto and Bitpay exchanges it to cash to pay Ferrari. Ferrari will never actually holds any crypto.
A “crypto exchange” sounds like an interesting, high-risk company. Could be hugely profitable, could tank at any moment.
They’ll be painting a clown face on the horse before long.
Charles Leclerc is going to run out of tears, they can’t keep getting away with it
If you really want Bitcoin value to tank, buy a Ferrari with it.
Dell did this in 2014, and discontinued in 2017.
https://www.dell.com/en-us/blog/we-re-now-accepting-bitcoin-on-dell-com/