UK-Based Anemoi International Allocates 30% of Treasury to Bitcoin

1 week ago 4

Rommie Analytics

Key Details

The move is part of a revised Crypto Treasury Management Strategy, officially published at 07:00 GMT/BST on June 9. As of December 31, 2024, Anemoi held approximately £900,000 (~$1.2 million) in cash reserves. Based on the new allocation, the company has purchased roughly 3 to 4 BTC for long-term holding.

Strategic Outlook

According to the official statement, the board considers this move “entirely complimentary” to its core business and views Bitcoin as a store of value that aligns with its updated financial strategy.

Anemoi also hinted at future announcements related to further integration of Bitcoin or crypto assets into its business or treasury practices.

Context

This move adds Anemoi to the growing list of public companies adopting Bitcoin as a treasury asset, a trend fueled by growing institutional confidence and inflation-hedging strategies. While the size of the purchase is relatively modest, it reflects a broader momentum among smaller firms taking their first steps into digital assets.

The post UK-Based Anemoi International Allocates 30% of Treasury to Bitcoin appeared first on Coindoo.

Read Entire Article