Fintech company DeFi Technologies uses Bitcoin as its main reserve asset and increases its holdings by 110 BTC

According to Odaily Planet Daily, financial technology company DeFi Technologies (OTCMKTS: DEFTF) announced on Monday that it will adopt Bitcoin as the main reserve asset for its treasury to protect its reserves from currency depreciation. The listed company announced that it has increased its holdings by a total of 110 BTC, worth approximately $7.7 million at current prices. DeFi Technologies believes that this strategy is expected to generate substantial returns as Bitcoin adoption continues to expand. DeFi Technologies is committed to the integration of traditional financial markets with the DeFi field. According to the market, DeFi Technologies' stock price rose 10.77% today, temporarily reporting $1.44.