Cardano Founder Announces $100 Million Bitcoin Buy In Shocking Move To Prop Up ADA Price
2025-06-23 14:36:56
Description
Charles Hoskinson has made an interesting proposal in a bid to boost Cardano’s DeFi ecosystem. The Cardano founder proposed creating a sovereign wealth fund, which could include up to $100 million worth of Bitcoin, potentially sparking an ADA price surge. Cardano Founder Proposes Bitcoin Purchase To Boost ADA Price In a recent podcast , the Cardano founder proposed the conversion of 5% to 10% of the treasury into assets like Bitcoin and stablecoins. Hoskinson suggested that this move is unlikely...
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