NextGen Digital has officially entered the cryptocurrency domain with the purchase of 1,000,000 USD in Bitcoin, the company’s inaugural crypto asset acquisition.
The company’s board has approved a strategy allowing up to 80% of treasury reserves to be allocated to cryptocurrencies, ensuring secure custody by regulated providers.
CEO Matthew Priebe highlights Bitcoin’s resilience and strategic role in treasure reserves, aiming to diversify NextGen’s holdings amidst global fiscal instability.
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