According to a report by Bitcoin Magazine on July 22, the Mexican real estate company Grupo Murano, valued at $1 billion, announced a large-scale investment in Bitcoin, planning to establish a $10 billion Bitcoin vault within five years. CEO Elias Sakal stated that the company will convert its assets into Bitcoin through asset restructuring and sale-leaseback arrangements while maintaining operational control. This strategy aims to address the challenges of interest rate fluctuations in the real estate industry, with 70-80% of the business focused on Bitcoin holdings and 20-30% for real estate development. Grupo Murano also plans to deploy Bitcoin ATMs in its hotels and support Bitcoin payments.

BTC-1.96%
ATM-11.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)