Global listed firms are diversifying their cryptocurrency portfolios by increasing their holdings in Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL). Lion Group has invested $8 million to acquire 88.49 BTC, while Vanadi Coffee has added 10 BTC to its holdings, bringing its total to 129 BTC. Republic Technologies has raised $10 million to purchase 742.4 ETH. Additionally, Shuntai Holdings has acquired 141,700 FIL, valued at $200,000, for mining purposes. This trend highlights growing institutional interest in utility-based cryptocurrencies.
Global Firms Expand Crypto Holdings with BTC, ETH, and Filecoin
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