Murano (MRNO) to Buy BTC With $500M Equity Deal - adtechsolutions

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Murano (MRNO) to Buy BTC With $500M Equity Deal


Murano Global Investments, a real estate agency on the NASDAQ list that owns hotels throughout Mexico, said it was building bitcoins

Strategy of the Treasury and Mulls ways to integrate the biggest cryptocurrency into its operations.

A company with market capital of $ 800 million after reporting reports slid more than 1%.

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The company concluded a contract of purchase of capital in standby mode (SEPA) worth up to $ 500 million, with plans to use “primarily” to invest in BTC, according to a Press release.

The company stated that it will continue to operate its businesses in the development of hotels and real estate, while examining initiatives such as allowing guests to pay in BTC or earn loyalty rewards.

“We see Bitcoin as a transformation asset that not only offers long -term growth potential, but also strengthens our balance sheet against inflation and systemic risk,” said Elias Sacal, chairman and CEO of the company.

The company’s announcement comes on the heels of connecting to the Bitcoin Industrial Alliance “Bitcoin for Corporations”, led by Michael Saylor’s strategy (Mst) And BTC Inc. Murano also recently bought 21 BTC as a treasury asset worth over $ 2.1 million at current prices.





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