TechFlow news, August 7 — According to an announcement by UK-listed company ECR Minerals plc (LON: ECR), the company's board has approved a Bitcoin and digital asset financial management policy. Under this policy, ECR will hold a portion of its digital asset reserves through its wholly-owned subsidiary, ECR Digital Limited.
The policy stipulates that the company may allocate up to 50% of free cash flow from gold production toward purchasing Bitcoin as long-term reserves. Additionally, up to 50% of surplus cash may be invested in Bitcoin. The policy also allows the company to invest up to 15% of the 50% allocation limit into yield-generating digital assets such as Ethereum.
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