Murano (MRNO) to buy BTC with a $ 500 million capital agreement


Murano Global Investments, a real estate firm that quotes in Nasdaq that has hotels in Mexico, said it is building a bitcoin

Treasury strategy and reflects to integrate the largest cryptocurrency into its operations.

The market capitalization company of $ 800 million fell a little more than 1% in the negotiation on Monday after announcing the news.

JWP-Player-Lugarholder

The company has held a waiting capital purchase agreement (Know) According to a press release, they are worth up to $ 500 million, with plans to use the procedures “mainly” to invest in BTC.

The company said it will continue to operate its real estate hotels and businesses, while exploring initiatives such as allowing guests to pay in BTC or obtain loyalty rewards called in it.

“We see Bitcoin as a transformative asset that not only offers a long -term growth potential, but also strengthens our balance against inflation and systemic risk,” said Elias Sacal, president and CEO of the company.

The firm’s announcement comes immediately after joining the Bitcoin “Bitcoin for Corporations” industry alliance, led by Michael Saylor’s strategy (Mstr) And BTC Inc. Murano has also recently bought 21 BTC as a treasure asset, for a value of more than $ 2.1 million at current prices.



Leave a Comment

Your email address will not be published. Required fields are marked *