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​NexTech AR Doubled Bitcoin Holdings To $4 Million In Seven Days

Mary Liu

Summary: After the announcement of the $2 million Bitcoin investment strategy on December 29th, NexTech AR, Canada’s leading provider of virtual and augmented reality (AR) experiences, today announced that it has increased its Bitcoin holdings to approximately 130.187, with a total cost of $4 million, and the company will continue to increase its holding in 2021. NexTech ...

After the announcement of the $2 million Bitcoin investment strategy on December 29th, NexTech AR, Canada’s leading provider of virtual and augmented reality (AR) experiences, today announced that it has increased its Bitcoin holdings to approximately 130.187, with a total cost of $4 million, and the company will continue to increase its holding in 2021. NexTech CEO Evan Gappelberg said: "Our initial purchase of $2million was completed last week and with this follow-on $2million buy, our treasury purchase of Bitcoin now sits at $4 million. This doubling down reflects our strong belief that Bitcoin is an excellent long-term store of value and an attractive investment asset with more long-term appreciation potential than holding cash which is currently yielding 0.06%."

By Mary Liu

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