According to Foresight News, FiscalNote, a policy and regulatory intelligence solutions provider listed on the New York Stock Exchange, has announced plans to establish a cryptocurrency strategic reserve. The company intends to focus on digital assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
The initiative aims to diversify FiscalNote's balance sheet by leveraging digital currencies. The company seeks to achieve hedging, diversification, enhanced returns, and value creation through this strategy. This move reflects a growing trend among businesses to incorporate cryptocurrencies into their financial strategies.