According to BlockBeats, on January 8, the U.S. listed 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 use 30% of its excess cash to purchase BTC based on its projected six months of operating expenses.
The allocation will depend on factors such as market conditions and the operational requirements of the company, including supporting its planned expansion strategy. SUNation Energy is a provider of sustainable solar and backup power solutions for homes, businesses, and municipal authorities.
