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London-listed company Anemoi increases Bitcoin investment ratio from 30% to about 40%
Summary: According to reports, London-listed company Anemoi International has increased its investment ratio of Bitcoin in its cash reserves from 30% to about 40%. This investment was made through an ETF (code BTGD), which provides a dual exposure to Bitcoin and gold, utilizing leverage to achieve a 200% nominal exposure, with $1 investment yielding $1 of ...
According to reports, London-listed company Anemoi International has increased its investment ratio of Bitcoin in its cash reserves from 30% to about 40%. This investment was made through an ETF (code BTGD), which provides a dual exposure to Bitcoin and gold, utilizing leverage to achieve a 200% nominal exposure, with $1 investment yielding $1 of Bitcoin and $1 of gold exposure. The company's board of directors stated that this financial strategy is 'completely complementary' to its core business. Additionally, Anemoi mentioned that the current situation of the US federal deficit accounting for approximately 123% of GDP is one of the reasons for its investment decision. Earlier reports indicated that Anemoi had allocated 30% of its cash reserves to Bitcoin as part of a new financial strategy.
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Link: London-listed company Anemoi increases Bitcoin investment ratio from 30% to about 40% [Copy]
