Blogs & Articles: DeFi Technologies Adopts Bitcoin as Primary Treasury Reserve Asset 🔗 13 weeks ago

DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company focused on bridging traditional capital markets with decentralized finance, has announced the adoption of Bitcoin as its main treasury reserve asset. 

The company has initiated this strategy by purchasing 110 Bitcoin.

DeFi Technologies views Bitcoin as a unique asset due to its scarcity and finite supply, making it a strong hedge against inflation and a protection against monetary debasement. 

The company's leadership believes that Bitcoin's digital and architectural resilience positions it as a superior alternative to traditional assets.

CEO Olivier Roussy Newton elaborated on the decision, stating, "we have adopted Bitcoin as our primary treasury reserve asset, reflecting our confidence in its role as a hedge against inflation and a safe haven from monetary debasement. As the best-performing asset over the past decade, Bitcoin offers significant short to long-term potential to expand the Company's treasury."

DeFi Technologies sees Bitcoin's potential for outsized returns as it gains wider acceptance and continues to grow in value compared to traditional assets. 

This decision is consistent with the company's goal of integrating traditional financial markets with decentralized finance, reflecting their assessment of Bitcoin's long-term viability and growth potential.