NetBrands, a cryptocurrency mining firm listed on the U.S. OTC market, has announced plans to establish a digital asset treasury with a target scale of $100 million. The treasury will initially be funded with $10 million and will primarily use Bitcoin as a long-term reserve asset, retaining mined Bitcoin as much as possible. Additionally, NetBrands plans to invest in Ethereum (ETH) and Aave (AAVE), exploring opportunities for additional returns through staking and other strategies.
NetBrands to Launch $100 Million Digital Asset Treasury
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