Express

Dubai PR Company Invests 75% Of Corporate Treasury In Bitcoin, Valued "Several Million Dollars"

Mary Liu

Summary: Falcon Corporate Services FZC, a Dubai-based public relations company has invested 75% of its corporate treasury in Bitcoin, The Block reported today. The purchase was completed through the newly established BCB Treasury of BCB Group. BCB Treasury provides a complete end-to-end service solution to help companies that want to allocate part or all of their capital to ...

Falcon Corporate Services FZC, a Dubai-based public relations company has invested 75% of its corporate treasury in Bitcoin, The Block reported today.

The purchase was completed through the newly established BCB Treasury of BCB Group. BCB Treasury provides a complete end-to-end service solution to help companies that want to allocate part or all of their capital to Bitcoin or other digital assets for treasury management. 

Oliver von, CEO of BCB Treasury, said that Falcon Corporate Services FZC is its first client, with an allocation of "several millions of dollars."

By Mary Liu

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.