#bitcoin-treasury

#bitcoin-treasury

Today, Sora Ventures announced the launch of Asia's first Bitcoin treasury fund, unveiled during Taipei Blockchain Week. The fund, backed by a $200 million commitment from partners and investors across the region, aims to purchase $1 billion worth of Bitcoin within the next six months, according to a press release sent to Bitcoin Magazine. This new fund follows the individual Bitcoin treasury firms that have emerged across Asia in recent years -

Treasury B.V. ("Treasury"), an emerging euro-denominated Bitcoin treasury company, has raised initial funding of €126 million ($147 million) through a private round led by Winklevoss Capital and Nakamoto Holdings Inc., a subsidiary of KindlyMD, Inc. (NASDAQ: NAKA). With this funding, Treasury has already accumulated more than 1,000 Bitcoin to advance its Bitcoin strategy. Treasury has the ambition to be the first Bitcoin treasury company listed on a primary European exchange,

The Blockchain Group's adoption of a Bitcoin treasury strategy has led to a staggering 709.8% BTC Yield in just six months, transforming its balance sheet.

"We were the second U.S. public company to adopt Bitcoin as a primary treasury reserve strategy. Michael Saylor obviously is the quintessential pioneer, but we're in that group."