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IN BRIEF: Mode Global To Use 10% Of Cash To Buy Bitcoin As Reserve

21st Oct 2020 21:16

Mode Global Holdings PLC - fintech technology - Allocates 10% of cash reserves to purchase Bitcoin and use it as a treasury reserve asset. This is part of effort to protect investors' assets from currency debasement. Also looking to diversify away from low-interest money market instruments.

Current stock price: 46.00 pence

Year-to-date change: down 9.8% since October 5

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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