ChainCatcher news, according to Globenewswire, the U.S. publicly traded company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of Bitcoin in the company's asset management plan. As part of this strategy, SUNation plans to allocate 30% of its excess cash for purchasing BTC based on its projected six-month operational costs. This allocation will depend on factors such as market conditions and the company's operational requirements, including supporting its planned expansion strategy.

It is reported that SUNation Energy is a provider of sustainable solar energy and backup power solutions for homes, businesses, and municipal authorities.