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Event ends: August 9, 16:00 UTC
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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.