According to reports from Wu, the Bahrain-based catering company AlAbraaj announced a partnership with 10X Capital to incorporate Bitcoin into its strategic reserves, becoming the first publicly listed company in the Middle East to implement this strategy. The company has purchased 5 BTC and plans to continue increasing its holdings, and it intends to develop Bitcoin financial products that comply with Islamic law, aiming to create the 'MicroStrategy of the Middle East'.
Bahrain's AlAbraaj Company Incorporates Bitcoin into Strategic Reserves
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