- The company has filed to open an account with Coinbase Prime to manage custody and transactions securely.
- This move follows similar strategies from MicroStrategy and SharpLink Gaming, blending clean energy with digital asset exposure.
- Bitcoin holdings are intended to hedge against inflation and diversify SolarBank’s treasury operations.
- The company maintains a core focus on solar and battery energy storage.
- Management has not yet purchased Bitcoin; allocations will depend on market conditions and corporate liquidity needs.
Disseminated on behalf of SolarBank Corporation
SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., announced that it was integrating Bitcoin into its treasury strategy, a move that reflects a growing trend among public companies diversifying cash reserves with digital assets as a hedge against inflation and currency volatility (https://ibn.fm/h5oMU).
The company announced that it has applied to open an account with Coinbase Prime (NASDAQ: COIN), a digital asset platform offering secure custody and self-custodial wallet services. While no purchases have been made yet, the allocation is part of a broader effort to enhance financial resilience and appeal to a…
NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN
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