Abraaj Restaurants Becomes First Bitcoin Treasury Company In The Middle East

Today it was announced that Al Abraaj Restaurants Group B.S.C. has become the first publicly traded company in the region to adopt Bitcoin as a treasury reserve asset. The Bahrain-based hospitality...

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Abraaj Restaurants Becomes First Bitcoin Treasury Company In The Middle East

Source: Bitcoin Magazine

Today it was announced that Al Abraaj Restaurants Group B.S.C. has become the first publicly traded company in the region to adopt Bitcoin as a treasury reserve asset. The Bahrain-based hospitality firm announced today it has acquired 5 Bitcoin for its balance sheet, with plans to significantly increase its allocation over time. “Our initiative towards […]

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