TechFlow news, June 3 — According to Cryptotimes, SolarBank Corporation announced it will follow Michael Saylor's strategy and plans to include Bitcoin in its treasury reserves. The company has applied to open a Coinbase Prime account for secure Bitcoin storage, aiming to hedge against inflation and currency devaluation risks while attracting investors interested in cryptocurrencies and DeFi. As a North American developer of solar and battery energy storage projects, SolarBank stated it can leverage clean energy to reduce the environmental impact of Bitcoin mining. The company has not yet purchased any Bitcoin, and future purchases will depend on market conditions, Bitcoin prices, and corporate cash flow. SolarBank emphasized that its primary business focus remains the development and operation of renewable energy projects.
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