F Street, a prominent investment and private credit firm, has unveiled a strategic Bitcoin asset allocation initiative targeting an accumulation of $10 million in BTC, as reported by BitcoinMagazine via COINOTAG News on June 12. Since June 9, the firm has actively deployed business revenues and fiscal resources to incrementally enhance its daily Bitcoin reserves.
Mike Doney, the Chief Operating Officer at F Street, emphasized Bitcoin’s role as a robust hedge against inflationary pressures and the ongoing depreciation of the U.S. dollar. Integrating Bitcoin into the corporate treasury is positioned as a critical move to protect investor capital amid macroeconomic uncertainties.
Additionally, F Street is set to implement a public proof-of-reserves protocol, ensuring transparency and enabling stakeholders to independently verify the firm’s Bitcoin custody. This initiative underscores the company’s commitment to accountability and strengthens trust in its digital asset management practices.