Investment firm F Street announced that it will incorporate Bitcoin into its corporate treasury, aiming to accumulate $10 million in Bitcoin

ChainCatcher news, according to Bitcoin Magazine, investment and private credit firm F Street has announced that it has begun adding Bitcoin to its corporate treasury, aiming to accumulate a value of $10 million in Bitcoin.

The company started daily Bitcoin purchases using business revenue and treasury funds on June 9. This move is part of a broader strategy to strengthen F Street's capital base and support its real estate lending and investment operations.

F Street's Chief Operating Officer Mike Doney stated that Bitcoin provides an effective hedge against inflation and the devaluation of the dollar. The company also plans to establish a public proof of reserves, allowing stakeholders to independently verify the custody of its Bitcoin assets.