PANews reported on July 1 that London-listed company Anemoi International has increased its investment in Bitcoin from 30% to approximately 40% of its cash reserves. This investment is made through an ETF (code BTGD), which provides dual exposure to both Bitcoin and gold, utilizing leverage to achieve a nominal exposure of 200%, allowing for $1 of Bitcoin and $1 of gold exposure for every dollar invested.
The company's board stated that this financial strategy is 'completely complementary' to its core business. Additionally, Anemoi mentioned that the current state of the U.S. federal deficit, which accounts for about 123% of GDP, is one of the reasons for its investment decision.
According to previous reports, Anemoi has invested 30% of its cash reserves into Bitcoin as a new financial strategy.
