Dubai Firm Puts Treasury into Bitcoin

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Dubai based (PR) firm has invested 75% of it's corporate treasury into bitcoin

Dubai based Public Relations company Falcon corporate services (FCZ) invested 75% of its asset into bitcoin

According to a block report the allocation was made via BCB treasury a crypto focused company

BCB treasury a crypto focused treasury that was recently launched by digital asset trading platform BCB group

The company aims to help various companies to buy store and manage bitcoin and other crypto assets on their balance sheet

After Tesla made a big investment of $1.5 Billion into bitcoin from their balance sheet many companies also moving their assets into bitcoin

Many companies are now moving from traditional finance to bitcoin specially after Tesla got involved into bitcoin

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