ismagilov
- Mogo, payments and digital wealth business (NASDAQ: MOGO) It said on Thursday that its board of directors approved a change to its treasury management strategy to include Bitcoin and Bitcoin ETFs and authorized an initial investment of up to $5 million.
- “The recent regulatory approval of the commercial Bitcoin ETFs, along with commitments from some of the world’s largest asset managers such as Fidelity and BlackRock, support our view that Bitcoin is a legitimate global asset class with attractive qualities that make it a unique store of value,” he said. said Greg Feller, President of Mogo.
- For the third quarter ended September 30, 2023, Mogo reported total cash and investments of $43.7 million.
- Source: press release