Nasdaq-listed company YY Group announced the official launch of its Bitcoin treasury strategy

According to PRNewswire, Nasdaq-listed YY Group announced the official launch of its Bitcoin treasury strategy, positioning Bitcoin as a primary reserve asset on its balance sheet to achieve capital preservation, balance sheet diversification, and a commitment to long-term shareholder value creation.

It is reported that the company will allocate a portion of its excess cash reserves to Bitcoin and hold it for the long term.