Several US publicly traded companies plan to implement a Bitcoin corporate treasury strategy

2024-11-15 15:09

BlockBeats News, November 15th: U.S. stock battery material supplier Solidion Technolog (stock code: STI) announced the implementation of a Bitcoin corporate finance strategy, intending to allocate its excess reserves to Bitcoin. The company plans to use 60% of the excess cash generated from operations to purchase Bitcoin and will convert the cash interest income held in money market accounts into Bitcoin. It also commits to raising funds in the future to acquire more Bitcoin, with a certain proportion of the funds expected to be designated for long-term Bitcoin acquisitions.


In addition, U.S. listed company Unitronix released a cryptocurrency investment portfolio strategy, planning to invest in BTC, ETH, SOL, and Meme coin.

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