Odaily Planet Daily News: Digital payment and financial technology company Mogo Inc. (NASDAQ: MOGO) announced that its board has authorized an allocation of up to $50 million in Bitcoin as part of the company's long-term capital preservation and product innovation strategy. The funds will come from excess cash on the balance sheet and will be supplemented over time through additional monetization of the portfolio. The company's initial goal is to gradually increase its Bitcoin investment scale to $50 million through phased investments, while ensuring that the operating business has sufficient working capital. (Businesswire)