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BCH $256.20 -1.69%
LINK $13.17 +7.31%
HYPE $87.76 -0.57%
AAVE $133.71 -1.31%
SUI $0.8118 +1.58%
XLM $0.1912 +2.41%
ZEC $1,195.84 +1.85%

Public company Mogo sells $13.8 million in WonderFi shares to increase BTC holdings

2025-08-04 23:04:12

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.

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