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Mexican real estate company Grupo Murano lists Bitcoin as a core strategic asset with an initial investment of $1 billion
Odaily News Grupo Murano, a Mexican listed real estate company, announced that it will include Bitcoin as its core strategic asset, with an initial investment of US$1 billion, and plans to expand its Bitcoin treasury to US$10 billion within five years.
CEO Elías Sacal said that the company is converting its properties into BTC holdings through asset refinancing and leaseback transactions, and will deploy Bitcoin ATMs in its business, open BTC payment for hotels and other scenarios. 70% to 80% of its overall capital allocation will be used for Bitcoin, and the rest will be invested in high-gross-profit real estate projects to improve capital efficiency and avoid risks brought by a high interest rate environment. (Bitcoin Magazine)
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