menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

SolarBank ...
source image

Coindoo

1M

read

163

img
dot

Image Credit: Coindoo

SolarBank Announces Bitcoin Treasury Strategy

  • SolarBank, a leader in distributed solar and battery storage infrastructure in North America, announces Bitcoin treasury strategy to diversify its treasury and align with modern financial trends.
  • The strategy includes financial resilience, clean energy offset through renewable power projects, market appeal to attract forward-looking investors, and competitive differentiation by integrating with Web3 finance.
  • SolarBank remains focused on clean energy partnerships despite the Bitcoin initiative, including recent collaborations with CIM Group, Qcells, Honeywell, and RBC.
  • No Bitcoin purchases have been made yet, and acquisitions will be based on internal strategy. Dr. Richard Lu, CEO of SolarBank, sees the move as tapping into a growing sector while maintaining focus on decarbonization.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app