Summary
- Nubi announced that it will allocate up to 30% of excess cash to accumulating Bitcoin.
- It stated that it will purchase Bitcoin for the diversification of financial assets.
- The adoption of Bitcoin is expected to reduce transaction friction related to digital currencies.
Nasdaq-listed company Nubi is starting to accumulate Bitcoin (BTC).
According to Cointelegraph on the 29th, Nubi announced in a press release that it will allocate up to 30% of its excess cash, calculated based on the estimated six-month operating expenses, to purchasing Bitcoin for the diversification of financial assets.
Gregory Poilasne, founder of Nubi, stated, "The adoption of Bitcoin can reduce transaction friction related to digital currencies and provide more payment options to customers and suppliers."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
