Canadian firm NexTech Augmented Reality buys $2M Bitcoin to diversify capital

posted 27 days ago
Canadian augmented reality company NexTech AR plans to use its treasury funds to buy $2 million of bitcoin for “capital diversification.”

The AR company said it may add more in 2021. “Our investment in Bitcoin is part of our new capital diversification and allocation strategy with the intent to maximize long-term value for our shareholders,” said NexTech CEO, Evan Gappelberg.
Tags: bitcoin, news