Xiao Zhuge News: [DeFi Technologies announced the purchase of 110 bitcoins and adopted Bitcoin as its main fiscal reserve asset] Golden Finance reported that DeFi Technologies Inc. announced that it has adopted Bitcoin as its main fiscal reserve asset and has purchased 110 bitcoins to launch this strategy. DeFi Technologies believes that as a scarce and limited asset, Bitcoin has unique characteristics that make it a reasonable means of hedging inflation and a safe haven to avoid currency depreciation. In addition, Bitcoin's digital and architectural resilience makes it a preferred alternative to traditional assets. Given the huge value gap between Bitcoin and other traditional assets, DeFi Technologies believes that as Bitcoin becomes more popular, it has the potential to generate excess returns. The company also announced that its subsidiaries Valour Inc. and Valour Digital Securities Limited (together, "Valour"), a leading issuer of exchange-traded products ("ETPs"), had assets under management (AUM) of CAD$837 million (USD$607 million) as of May 31, 2024, a significant year-over-year increase of 64.9%, driven by strong net inflows of CAD$6.9 million (USD$5.08 million) and asset price appreciation compared to the previous month. #美联储利率决策即将公布 #第55期新币挖矿IO #币安用户数突破2亿
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