Murano Global Investments, a Nasdaq-Listed Real Estate Company that owns hotels across Mexico, said it is building a Bitcoin
Treasury strategy and Muller ways to integrate the greatest cryptocurrency into its operations.
The $ 800 million market company slipped a little more than 1% in trading Monday after announcing the news.
The company has entered into a standby -capital purchase agreement (Sepa) Worth up to $ 500 million, with plans to use the “primarily” procedure to invest in BTC, according to a press release.
The company said it will continue to run its hotels and real estate development companies while exploring initiatives such as allowing guests to pay in BTC or earning loyalty to it.
“We see Bitcoin as a transformative asset that not only offers long -term growth potential, but also strengthens our balance against inflation and systemic risk,” said Elias Sacal, chairman and CEO of the company.
The company’s message comes on the heels by participating in the Bitcoin-focused Industrial Ralliance “Bitcoin for Companies”, led by Michael Saylor’s strategy (Mstr) And BTC Inc. Murano has also recently purchased 21 BTC as a Treasury asset worth over $ 2.1 million at current prices.
