Mexican hotel chain Murano adopts Bitcoin treasury and considers accepting BTC payments
Main Idea
Murano is adopting a Bitcoin-focused strategy, including purchasing BTC, exploring BTC payments, and joining a corporate alliance to enhance its holdings and operational initiatives.
Key Points
1. Murano purchased 21 BTC prior to the announcement, with holdings worth $2.27 million at press time.
2. The company plans to raise up to $500 million, primarily to stock up on BTC.
3. Murano is reviewing initiatives like accepting BTC payments and deploying BTC reward programs.
4. The company joined the 'Bitcoin for Corporations' alliance led by BTC Inc & Michael Saylor.
5. Murano's business model is similar to Metaplanet, Asia’s largest corporate BTC holder.
Description
Nasdaq-listed hotel franchise Murano decides to add Bitcoin to its balance sheet, joining a global trend of companies inching towards BTC. The company is also considering accepting payments in BTC. According to a recent press release , the Mexican real estate and hotel chain has already made a starting purchase of 21 BTC prior to the announcement being made. At press time, the company’s BTC ( BTC ) holdings is worth $2.27 million. In order to carry out this new strategy, the firm plans to execut...
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