Summary
- Murano, a real estate development firm listed on NASDAQ, announced that it will pursue holding Bitcoin as a treasury asset.
- Murano stated that by holding Bitcoin as a financial asset, it aims to improve capital efficiency and shareholder returns.
- Murano recently acquired 21BTC, and expressed expectations for growth through this strategy.
Murano, a real estate development firm listed on NASDAQ, is set to accumulate Bitcoin as a treasury asset.
On the 7th (local time), according to GlobeNewswire, Murano stated, "We plan to utilize the company's cash flow and access to capital markets to hold Bitcoin as a financial asset," adding that "through this, we aim to improve the capital efficiency tied up in real estate development and enhance shareholder returns."
Elias Sakal, founder of Murano, said, "Bitcoin is an asset to protect the company from inflation and financial risks," and added, "We have great expectations for the growth that will be driven by this financial strategy."
Meanwhile, Murano recently acquired 21BTC.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
