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Dubai Private Equity Firm IBC Group to Invest $4.8 Billion of Bitcoin in Miami

Amy Liu

Summary: IBC Group, a Dubai private equity firm that invests in real estate and tech, will Invest $4.8 Billion of Bitcoin in Miami. IBC will use the 100,000 BTC to establish the Miami 2.0 Blockchain Strategy Foundation and support other projects. "Making the largest Bitcoin investment in history is proof of our commitment to assisting cities adopt ...

IBC Group, a Dubai private equity firm that invests in real estate and tech, will Invest $4.8 Billion of Bitcoin in Miami. IBC will use the 100,000 BTC to establish the Miami 2.0 Blockchain Strategy Foundation and support other projects. "Making the largest Bitcoin investment in history is proof of our commitment to assisting cities adopt Blockchain, which we see as the key to enabling widespread adoption," said IBC Chairman Khurram Shroff.

By Amy Liu

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Link: Dubai Private Equity Firm IBC Group to Invest $4.8 Billion of Bitcoin in Miami   [Copy]
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