Odaily Planet Daily News: London-listed Anemoi International has increased the proportion of its cash reserves invested in Bitcoin from 30% to about 40%. The investment was completed through an ETF (code BTGD), which provides dual exposure to Bitcoin and gold at the same time, and uses leverage to achieve a nominal exposure of 200%, with $1 of Bitcoin and $1 of gold exposure for every $1 invested. The company's board of directors said that this financial strategy is "completely complementary" to its core business. In addition, Anemoi also mentioned that the current situation of the US federal deficit accounting for about 123% of GDP is one of the reasons for its investment decision.
Earlier news, Anemoi invested 30% of its cash reserves in Bitcoin as a new financial strategy.