NetBrands Unveils Digital Asset Treasury with Focus on Bitcoin and Ethereum

According to PANews, cryptocurrency mining company NetBrands, listed on the U.S. OTC market, has announced the launch of a 'layered' digital asset treasury. This treasury will prioritize Bitcoin as a long-term reserve asset, aiming to maximize the retention of mined Bitcoin. Additionally, the company plans to invest in Ethereum (ETH) and Aave (AAVE), exploring opportunities to earn staking rewards from these cryptocurrencies. The initial funding for the treasury is set at $10 million, with a target to expand its overall scale to $100 million.