Gate News bot message, according to Bitcoin Magazine, alternative investment and private credit firm F Street has officially announced the implementation of a Bitcoin asset allocation plan, setting a holding target of $10 million worth of Bitcoin.
The institution has started daily Bitcoin purchases using business revenues and financial funds since June 9. Mike Doney, COO of F Street, emphasized: "Bitcoin has the advantage of hedging against inflation and the depreciation of the dollar, and incorporating it into the company's finances is an important strategy to protect investors' interests."
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F Street launches a million-dollar Bitcoin allocation plan
Gate News bot message, according to Bitcoin Magazine, alternative investment and private credit firm F Street has officially announced the implementation of a Bitcoin asset allocation plan, setting a holding target of $10 million worth of Bitcoin.
The institution has started daily Bitcoin purchases using business revenues and financial funds since June 9. Mike Doney, COO of F Street, emphasized: "Bitcoin has the advantage of hedging against inflation and the depreciation of the dollar, and incorporating it into the company's finances is an important strategy to protect investors' interests."
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