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