News list for " financial reserves"
DeFi Technologies has announced the purchase of 110 bitcoins and the adoption of bitcoin as its main fiscal reserve asset
DeFi Technologies Inc. has announced that it has adopted Bitcoin as its primary fiscal reserve asset and has purchased 110 Bitcoins to kick-start this strategy. DeFi Technologies believes that as a scarce and limited asset, Bitcoin has unique characteristics that make it a reasonable hedge against inflation and a safe haven from currency devaluation. In addition, Bitcoin's digital and architectural resilience makes it a preferred alternative to traditional assets. Given the large value gap betwe...
2024-06-11 00:16:16
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