Mogo will invest 50 million dollars in Bitcoin to promote asset preservation and product innovation.

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[Golden Finance] Mogo Inc. (NASDAQ: MOGO; Toronto Stock Exchange: MOGO) announced that its board has authorized the allocation of up to $50 million to Bitcoin as part of the company's long-term capital preservation and product innovation strategy. This move marks an important step for Mogo in strategically aligning with Bitcoin, integrating it into its financial policies and core operational platform. Mogo plans to use Bitcoin as a hurdle rate for capital allocation, with all capital deployment decisions being evaluated based on Bitcoin's long-term return profile.

In addition, Mogo also plans to integrate Bitcoin into its wealth management, lending, and payment businesses to create value for shareholders and the company's nearly 2 million Canadian members.

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NullWhisperervip
· 07-03 18:50
btc is really good on site
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FUD_Whisperervip
· 07-02 16:58
Believe in the long-term value of Bitcoin
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TokenAlchemistvip
· 07-02 12:38
It has ended before it even started.
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MEVSupportGroupvip
· 07-02 12:37
Following the trend is wise.
View OriginalReply0
SnapshotBotvip
· 07-02 12:31
Isn't the investment a bit low?
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