Rezolve AI Announces $1B Bitcoin Treasury Program Starting with $100M Investment

Rezolve Ai has unveiled a Bitcoin treasury strategy with more than $1 billion set to be deployed to but the coin.

Godfrey Benjamin By Godfrey Benjamin Marco T. Lanz Edited by Marco T. Lanz Updated 3 mins read
Rezolve AI Announces $1B Bitcoin Treasury Program Starting with $100M Investment

Key Notes

  • Rezolve Ai has launched its Bitcoin treasury program to join the likes of Strategy.
  • The firm said it will allocate a total of $1 billion with an initial $100 million purchase.
  • The firm’s strategy will come with additional Bitcoin related services to enhance transactional value.

Rezolve Ai has announced its $1 billion Bitcoin BTC $84 174 24h volatility: 3.5% Market cap: $1.67 T Vol. 24h: $31.24 B treasury program in an outstanding pivot, supporting its vision of revolutionizing global commerce. The firm is debuting with an initial $100 million investment to kickstart this initiative. This resounds Rezolve’s commitment to integrating Artificial Intelligence, blockchain technology, and digital assets. 

Rezolve Ai Prepares For Collaboration With Tether 

Rezolve’s launch of a Bitcoin treasury strategy is instrumental to a plan to launch a crypto payment platform in collaboration with USDT $1.00 24h volatility: 0.0% Market cap: $144.11 B Vol. 24h: $43.70 B issuer Tether. 

As such, it is more than a financial strategy but a game-changing initiative. Rezolve Ai’s CEO, Daniel M. Wagner, acknowledged this milestone, referring to it as a statement of intent.

Rezolve Ai is looking to align itself as the lead in mainstream crypto adoption. Its focus is making it possible for millions of consumers and retailers to conduct their transactions without hassle. Such transactions will involve Bitcoin, Tether, and other digital assets. 

Bitcoin: the Highest Choice For a Strategic Reserve 

Markedly, there is growing demand amongst several organizations and jurisdictions to diversify their financial portfolios. 

As a result, many firms are more inclined to allocate a portion of their funds to cryptocurrency. Bitcoin has remained the first choice for many institutions and governments considering a crypto strategic reserve. 

Two weeks ago, North Carolina announced its intention to explore the inclusion of BTC in its state reserves. If the proposed legislation passes, the US state will allocate up to 10% of its state funds to Bitcoin Exchange-traded Products (ETPs) as part of the plan. 

Noteworthy, only digital assets with a market capitalization exceeding $750 billion are eligible. Per the current market outlook, only Bitcoin falls into this category. 

North Carolina’s intention is embedded in the proposed legislation dubbed House Bill 92 (HB 92). The proposal was introduced by House Speaker Rep. Destin Hall, with support from Representatives Mark Brody and Steve Ross, who are both known Bitcoin proponents. 

Why Bitcoin?

Several entities, including Rezolve Ai, consider Bitcoin a tool for safeguarding their financial positions. This comes amid the growing inflation and currency devaluation incidents. 

For instance, Metaplanet, nicknamed Asian MicroStrategy, adopted a Bitcoin accumulation strategy as a hedge against Yen’s devaluation and the Japanese market’s economic crisis. The firm has now achieved 10% of its Bitcoin target until 2026.

Rezolve Ai believes a Bitcoin treasury can deliver the liquidity and flexibility required to scale its operations globally. Additionally, the platform is strategically aligning itself with the future of the financial sector.  

On one hand, firms like Strategy (formerly MicroStrategy) are still holding on to their Bitcoin strategy. The publicly traded business intelligence firm, owned by Michael Saylor, recently strengthened its Bitcoin holdings with a new acquisition worth approximately $2 billion.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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