According to a report from BitcoinMagazine on June 12, F Street, an investment and private credit institution, announced the launch of a Bitcoin asset allocation program with a goal of accumulating $10 million worth of BTC. The company has started daily Bitcoin purchases using business earnings and financial funds since June 9. F Street's Chief Operating Officer, Mike Doney, stated that Bitcoin has advantages in hedging against inflation and the depreciation of the dollar, and incorporating it into the company's finances is an important strategy to protect investors' interests. The company also plans to establish a public reserve proof mechanism for stakeholders to verify its Bitcoin custody situation.

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