Canadian listed company Goodfood announces its Bitcoin financial strategy
According to Globenewswire, the Canadian listed company Goodfood Market Corp. (TSX: FOOD) has announced a strategic shift in its financial management. Goodfood is adopting Bitcoin investment as a financial reserve asset, joining the global community of forward-looking companies utilizing digital currency. The company has completed an initial Bitcoin investment of approximately $1 million through spot ETFs and plans to strategically increase its holdings by investing part of future surplus cash flows into Bitcoin. It is reported that Goodfood is a Canadian digital native dining solution brand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC breaks above $100,000, up 0.73% on the day
XRP Surpasses 3.4 USDT, Continues to Record Highs
Data: BlackRock's IBIT Positions Top $55 Billion in Value