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Cardano ❤️ Bitcoin? Decoding Hoskinson's $1.2B Treasury Shift
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Cardano ❤️ Bitcoin? Decoding Hoskinson's $1.2B Treasury Shift

The Cardano blockchain is considering a radical departure from the traditional treasury management approach. The proposal was led by Charles Hoskinson, the founder of Cardano. It seeks to diversify one-third of the treasury’s holdings with allocations to Bitcoin and stablecoins. This proposed move — worth up to $1.2 billion —...

Cardano Considers Diversifying Treasury With Bitcoin and Stablecoin Investments
• Impermanent Loss

Cardano Considers Diversifying Treasury With Bitcoin and Stablecoin Investments

Cardano founder Charles Hoskinson recently floated a radical change to the project’s funding model. The proposal is to allow the funding of 5–10% of Cardano’s enormous treasury, currently worth around $1.2 billion. This would be accomplished by investing in other assets, like Bitcoin (BTC), or even stablecoins. This Solidity support...