BREAKING
232d 1h ago
Panther Metals to Establish £4 Million Bitcoin Reserve Custodied by CoinCorner for Asset Growth
BTC
BTC/USDT
$71,354.77
+3.55%
$71,354.77
+3.55%
(24s)24h Volume
$17,366,629,629.18
24h H/L
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate
-0.0023%
Shorts pay
Data provided by COINOTAG DATALive data
Panther Metals, a UK-listed entity, has declared plans to create a £4 million Bitcoin reserve, with custody services provided by CoinCorner. This strategic move enables the company to leverage Bitcoin-backed loans for acquiring tangible assets, thereby optimizing capital allocation. By integrating cryptocurrency into its financial framework, Panther Metals aims to preserve its Bitcoin exposure while simultaneously driving asset expansion. This approach underscores a growing trend among corporates to utilize digital assets for enhancing balance sheet flexibility and supporting long-term growth objectives.
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