Mogo Inc. has sold nearly half its stake in crypto platform WonderFi, generating $13.8 million in proceeds while simultaneously growing its direct Bitcoin investment to $2 million. The transaction advances Mogo’s stated strategy of prioritizing Bitcoin as a hedge asset and long-term value preservation tool.
The divestment releases capital for strategic redeployment toward Mogo’s core objectives, reducing exposure to crypto equity volatility. Industry analysts highlight this shift from corporate equity positions to direct Bitcoin accumulation as a growing trend to mitigate portfolio risks. These actions reinforce Bitcoin’s emerging role as a reserve asset within institutional treasury management frameworks.