According to PANews, Marti Technologies Inc., a Turkish ride-hailing service provider listed on NYSE American under the ticker MRT, has announced a new corporate financial strategy involving cryptocurrency holdings as part of its cash reserve management. The company plans to initially allocate approximately 20% of its cash reserves to Bitcoin. Marti Technologies retains the option to increase its cryptocurrency holdings to 50% of its cash reserves and may consider purchasing other digital assets, including Ethereum and Solana.
The company has expressed its intention to hold these crypto assets long-term and gradually increase its holdings over time. Marti Technologies has assured that this strategy is not expected to impact its current business operations or the execution of existing commercial plans.