Goodfood Market Corp. Adopts Bitcoin Investment Strategy
Goodfood Market Corp. Adopts Bitcoin Investment Strategy--・Verified Binance official accountGoodfood Market Corp., a Canadian publicly traded company, has adopted Bitcoin as a reserve asset, aiming to strengthen its balance sheet and create long-term shareholder value.According to Odaily, Canadian publicly traded company Goodfood Market Corp. (TSX: FOOD) has announced a strategic shift in its financial management by adopting Bitcoin as a reserve asset. This move aims to strengthen its balance sheet and create long-term shareholder value. The company has made an initial investment of approximately $1 million in Bitcoin through a spot ETF and plans to strategically increase its holdings by investing a portion of future cash flows into Bitcoin. Goodfood is recognized as a digital-native food solutions brand in Canada.Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.