Trump media to allocate $250m to crypto, fintech expansion
President Donald Trump’s media firm has launched Truth.Fi to expand into financial services and cryptocurrency investments like Bitcoin. Billionaire entrepreneur and two-time U.S. president Donald Trump has furthered his crypto ambitions by launching Truth.Fi through his media company, Trump Media & Technology Group. A Jan. 29 press release said Truth.Fi will allocate up to $250 […]
Green energy tech firm Nuvve to allocate 30% of excess cash to Bitcoin
Nuvve, which helps EVs share power with the grid, will invest up to 30% of its extra cash in Bitcoin to diversify the company’s treasury holdings. Nuvve, a public Californian company focused on connecting electric vehicles to the grid, said its board has approved holding Bitcoin (BTC) as a primary treasury asset. In a Jan. […]
Kansas bill aims to allocate 10% of retirement funds to Bitcoin ETFs
The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program. Source link
KULR Technology plans to allocate 90% of surplus cash to Bitcoin
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset. The company’s leadership explained that the move enhances financial resilience. KULR’s Bitcoin purchases will be influenced […]
Nasdaq-listed Solidion pledges to allocate 60% of cash surplus to Bitcoin purchases
U.S.-based battery tech company Solidion has pledged to allocate 60% of its excess cash reserves to Bitcoin as part of its treasury strategy. Solidion Technology, a U.S.-based battery materials provider, has committed to allocating more than half of its excess cash reserves to Bitcoin (BTC) purchases as part of its new corporate treasury strategy. As […]
