Summary
- CfC St. Moritz said it will start a Bitcoin reserve strategy.
- St. Moritz said it will allocate 25% of its financial assets to Bitcoin.
- CEO Niccolo Shtoeer said he would protect the company's future and show its commitment to the virtual asset ecosystem through Bitcoin reserves.
Virtual asset (cryptocurrency) conference company CfC St. Moritz (CfC St. Moritz) is reported to be starting a Bitcoin (BTC) reserve strategy.
On the 23rd (local time), according to PR Newswire, St. Moritz said in a press release, "We plan to implement a Bitcoin reserve strategy in partnership with virtual asset bank Signum," and "we will allocate 25% of our financial assets to Bitcoin."
Niccolo Shtoeer, CEO of CfC St. Moritz, said, "Bitcoin means more than a simple asset," and "through Bitcoin reserves, we intend to protect the company's future and demonstrate our commitment to the virtual asset ecosystem."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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