ECR Minerals announces the adoption of a treasury management strategy using Bitcoin and digital assets
ECR Minerals, a UK gold exploration and development company, announced the adoption of a treasury management strategy involving Bitcoin and digital assets. The board believes that currency management is central to the company's financial planning and plans to allocate up to 50% of the free cash flow from gold production for the purchase of Bitcoin as a long-term financial reserve. Additionally, no more than 50% of the company's surplus cash may be used to purchase BTC.
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