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Posted by
Two Blokes Jun 25 -
Filed in
Crypto
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GSTechnologies Ltd (LSE:GST) shares rose 17% on Wednesday after the company said it would begin holding a significant portion of its cash reserves in Bitcoin, citing the cryptocurrency's liquidity and potential as a store of value. The fintech group, which operates the Bake Cryptocurrency Platform and focuses on digital asset services, has formally adopted a new treasury policy allowing directors to allocate cash into Bitcoin at their discretion.
