Digital payment company Mogo announced that it will allocate $50 million in Bitcoin as capital preservation

2025-07-02 12:24

Odaily News Digital payments and financial technology company Mogo Inc. (NASDAQ: MOGO) announced that its board of directors has authorized up to $50 million in allocations to Bitcoin as part of the company's long-term capital preservation and product innovation strategy. Funds will come from excess cash on the balance sheet and will be replenished over time through additional monetization of the portfolio. The company's initial goal is to gradually increase its Bitcoin investment to $50 million through phased investments while ensuring sufficient working capital for operating operations. (Businesswire)

Source Link

LBank Meme's market share doubled to 28.9%, making it the only exchange in the CoinGecko 2025 report to achieve 100% growth.

Cryptocurrency and Stock Market Indicators | Strategy's total BTC holdings have risen to over 670,000, with an annualized return of 24.6%; Bitmine's holdings have increased to nearly 397 ETH, with unrealized losses exceeding $3 billion (December 16).

Is the crash just beginning? Three major "macroeconomic bombs" about to explode for BTC.

Energy, AI, and Cango: When Mining Farms Become the "Batteries" of the Computing Power Era

24-Hour Flash News

2025-12-16 09:52

Bitcoin's total network hashrate has fallen below 1000 EH/s again, currently at 997 EH/s.

2025-12-16 09:38

CoinGecko Memecoin Report: LBank Meme's market share surges to 28.9%, becoming the only CEX to double its growth in 2025.

2025-12-16 09:16

Yi Lihua: I am firmly bullish on the fundamentals of ETH; the current fluctuations are within the normal range.

2025-12-16 09:10

Space has completed a $3 million seed and strategic funding round, led by Morningstar Ventures.

2025-12-16 08:37

Hashkey's Hong Kong-listed shares opened as high as HK$7.80, but have since fallen back to HK$6.76.

2025-12-16 08:16

predict.fun: Predict is coming soon. You can check some addresses to claim your airdrop.

Download Odaily App

Let Some People Understand Web3.0 First

IOS

Android

About Us

Join Us

Friendly Links

Advertising Cooperation

User Agreement

Disclaimer

Media Kit

Hainan Modi Culture Media Co., Ltd.

Digital payment company Mogo announced that it will allocate $50 million in Bitcoin as capital preservation

LBank Meme&#39;s market share doubled to 28.9%, making it the only exchange in the CoinGecko 2025 report to achieve 100% growth.

Cryptocurrency and Stock Market Indicators | Strategy&#39;s total BTC holdings have risen to over 670,000, with an annualized return of 24.6%; Bitmine&#39;s holdings have increased to nearly 397 ETH, with unrealized losses exceeding $3 billion (December 16).

Is the crash just beginning? Three major &quot;macroeconomic bombs&quot; about to explode for BTC.

Energy, AI, and Cango: When Mining Farms Become the &quot;Batteries&quot; of the Computing Power Era

LBank Meme's market share doubled to 28.9%, making it the only exchange in the CoinGecko 2025 report to achieve 100% growth.

Cryptocurrency and Stock Market Indicators | Strategy's total BTC holdings have risen to over 670,000, with an annualized return of 24.6%; Bitmine's holdings have increased to nearly 397 ETH, with unrealized losses exceeding $3 billion (December 16).

Is the crash just beginning? Three major "macroeconomic bombs" about to explode for BTC.

Energy, AI, and Cango: When Mining Farms Become the "Batteries" of the Computing Power Era