#BinanceTurns8 Murano Global Adds Bitcoin to Treasury Strategy Amid $500M Equity Agreement
Murano Global Investments PLC has adopted a Bitcoin treasury strategy. The real estate and hospitality firm secured a $500 million Standby Equity Purchase Agreement with Yorkville Advisors. The company confirmed the purchase of 21 Bitcoins. Most of the funds raised will support additional Bitcoin acquisitions.
Murano will sell shares over time under the agreement. This move marks a shift in the company’s capital allocation while maintaining core operations. Murano plans to integrate Bitcoin into its financial model while continuing real estate development and resort operations in Mexico.#Write2Earn