Listed company Marti plans to initially allocate approximately 20% of its cash reserves to Bitcoin

According to investing, Türkiye's online car hailing service provider Marti Technologies Inc. (NYSE American: MRT) announced that it would implement an enterprise financial strategy, including holding encrypted assets as part of its cash reserve management method. The company plans to initially allocate approximately 20% of its cash reserves to Bitcoin. The company reserves the option to increase its holdings of encrypted assets to 50% of its cash reserves and may purchase other digital assets including Ethereum and Solana. The company stated that it intends to hold cryptocurrency assets for the long term and gradually increase its holdings over time. Mati Technology stated that it is expected that this strategy will not affect current business operations or the execution of existing business plans.