UK-listed TruSpine Implements Bitcoin Reserve Strategy

Source
Son Min

Summary

  • TruSpine has announced the adoption of a Bitcoin reserve strategy.
  • TruSpine stated it plans to use Bitcoin as a hedge against inflation and geopolitical risks.
  • TruSpine said it is seeking ways to hold Bitcoin alongside its core business for mutual growth and securing funding methods.

UK-listed company TruSpine announced that it is implementing a Bitcoin (BTC) reserve strategy.

On the 25th (local time), TruSpine stated via its official website, "We are actively pursuing the adoption of a Bitcoin financial strategy," describing Bitcoin as "a hedge against inflation and geopolitical risks." The company further explained, "We will pursue a strategy of holding Bitcoin alongside our core business for mutual growth, and we are currently seeking funding methods for this initiative."

As of 4:45 PM, Bitcoin is trading at $106,660 on the Binance USDT market, up 1.31% compared to 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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