mogo

According to Businesswire, the Bitcoin crypto treasury company Mogo, listed on the US stock market, announced it will be renamed Orion Digital, and is expected to begin trading under the new stock ticker ORIO on January 2, 2026. Currently, it holds approximately $24 million worth of Bitcoin.

ChainCatcher news, according to businesswire, Canadian digital wealth and lending platform Mogo (NASDAQ:MOGO) announced that it has sold its investment in WonderFi Technologies Inc. for approximately $13.8 million, representing nearly 50% of its total holdings in the company.Mogo plans to use the proceeds from this sale for investments aligned with its long-term capital strategy. The company has increased its investment in Bitcoin to approximately $2 million, further solidifying its belief in Bitcoin as a strategic reserve asset and making it a core pillar of its financial strategy.

ChainCatcher news, Mogo Inc. (NASDAQ: MOGO; TSX: MOGO) announced that its board has authorized the allocation of up to $50 million to Bitcoin as part of the company's long-term capital preservation and product innovation strategy. This move marks an important step for Mogo in strategically aligning with Bitcoin, integrating it into its financial policies and core operating platform. Mogo plans to use Bitcoin as a threshold rate for capital allocation, with all capital deployment decisions being assessed based on Bitcoin's long-term return profile.In addition, Mogo also plans to integrate Bitcoin into its wealth management, lending, and payment businesses to create value for shareholders and nearly 2 million Canadian members of the company.