Germany, Japan, USA Then for the first time, a Turkish company decided to create a crypto currency reserve. However, we cannot mention that it is not a company traded on the Turkish stock exchanges and that it has taken the decision to create a crypto currency reserve of the first public Turkish company ”. So what are the details of the announcement?
Turkish crypto currency reserve company
Martı Advanced Technology AŞ, which we have heard many times due to the conflicts he entered with the taxi drivers in the media, is managed by Oğuz Alper Öktem. According to the share of the founder today, 20 percent of the company’s cash reserves Bitcoin $118,429.74 will be transferred to crypto currencies. Companies are trying to take the wind of the bull markets here by creating crypto currency reserves to increase the share value.
Martı joined this caravan. Öktem wrote the following on today’s sharing; Crypto investors’ application – the reason will surprise you!
“As a seagull, we decided to invest 20 %of our cash reserves into digital crypto assets. In the first step Bitcoin we start with. We see digital assets as a long -term value storage tool. We aim to maintain the value of our cash, which we do not use in our company operations, in different market conditions. Our budget and plans to enlarge our shared journey and other transportation services continue exactly. ”
Procedure on the NYSE stock market SEAGULL (Mrt) shares have decreased by 8 percent today and find buyers for $ 2.46. The company is at the 6 -month bottom level and the stock price is 49 %above compared to the same period last year. MRT, which reached a record level in the US stock exchange at $ 3.89, continues to find buyers over $ 2.
Crypto Money Reserve Strategy
Particularly, the public companies rapidly adapted to the idea of crypto currency reserves after Microstrategy’s success. There are public companies competing to be one of the first crypto currency reserve companies in Germany, Japan and many more parts of the world. This strategy attracts the attention of those who want to invest in crypto currencies but aim to perform this through the stock market and to benefit from the advantage of the leverage effect with the company share.
This step taken by Martı will probably attract the attention of more companies in Türkiye. The strategy watched enlarges the company’s crypto asset reserves with more borrowing, while BTC makes shares more valuable thanks to the price increase. More borrowing, more reserves and shares more rise, this cycle has turned into a serious gain gate for companies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.