Abraaj Restaurants Becomes First Bitcoin Treasury Company in the Middle East
Bitcoin Magazine 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 firm announced today it has acquired 5 Bitcoin for its balance sheet, with plans to significantly increase its allocation over time. “Our initiative towards […] This post Abraaj Restaurants Becomes First Bitcoin Treasury Company in the Middle East first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

Bitcoin Magazine
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 firm announced today it has acquired 5 Bitcoin for its balance sheet, with plans to significantly increase its allocation over time.
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