F Street launches Bitcoin asset allocation plan, plans to hoard $10 million worth of Bitcoin According to Bitcoin Magazine, alternative investment and private credit institution F Street has announced the launch of a Bitcoin asset allocation plan, with the goal of holding BTC worth a total of $10 million. The company has been using business revenue and financial funds for daily Bitcoin purchases since June 9th. Mike Doney, Chief Operating Officer of F Street, stated that Bitcoin has the advantage of hedging against inflation and the depreciation of the US dollar, and incorporating it into the company's finances is an important strategy to protect investor interests. The company also plans to establish a public reserve proof mechanism for stakeholders to verify its Bitcoin custody situation.