Mogo, a Nasdaq-listed fintech company, has made a significant move into the cryptocurrency space. According to a recent announcement, Mogo has allocated $2 million to purchase Bitcoin (BTC) as part of a strategic plan to reserve $50 million in the leading cryptocurrency. In a parallel move, Mogo has also divested half of its stake in WonderFi, realizing approximately $13.8 million. This decision allows Mogo to reallocate capital towards its Bitcoin strategy. This strategic shift signals Mogo's growing confidence in Bitcoin as a long-term store of value. The company aims to leverage Bitcoin's potential for capital appreciation and diversification. The sale of WonderFi shares provides the necessary funds to execute this strategy. ```