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US listed company SUNation Energy will adopt Bitcoin financial strategy
Editor
2025-01-08 09:02 3,403
According to news on January 8, the US listed company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of Bitcoin as an asset in the company’s fund management plan. As part of this strategy, SUNation plans to use 30% of its excess cash to purchase BTC based on its projected six-month operating expenses. The allocation will depend on factors such as market conditions and the company's operational requirements, including its planned expansion strategy. SUNation Energy is a provider of sustainable solar and backup power solutions for homes, businesses and municipalities.
Keywords: Bitcoin
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