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ETH $2,482.23 +0.13%
BNB $742.81 -0.04%
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SOL $104.32 -1.64%
TRX $0.3348 -0.00%
DOGE $0.0900 +1.46%
ADA $0.2199 +1.09%
BCH $259.02 +1.11%
LINK $12.99 +6.47%
HYPE $86.69 -2.68%
AAVE $132.30 -1.35%
SUI $0.8201 +3.42%
XLM $0.1908 +3.85%
ZEC $1,171.59 +1.01%

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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