Mogo Liquidates $13.8 Million Worth of WonderFi Shares and Increases Bitcoin Holdings
According to Jinse Finance, Nasdaq-listed company Mogo has announced that it has liquidated its investment of approximately $13.8 million in WonderFi Technologies, representing nearly 50% of its total holdings in the company. It is reported that Mogo will allocate the proceeds from this monetization in line with its long-term capital strategy and will increase its investment in Bitcoin to around $2 million, further strengthening its strategic Bitcoin reserves.
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