Murano Global Investments PLC., a real estate and hospitality group with a market capitalization of $849M, has launched a Bitcoin treasury strategy. The company has begun purchasing Bitcoin and secured a $500 million Standby Equity Purchase Agreement (SEPA) with Yorkville Advisors.
The move marks a transition in Murano’s capital strategy while maintaining its current business in real estate development and Mexican resorts. It aims to use the new treasury model to improve liquidity and long-term shareholder value.
Murano Launches Bitcoin Treasury Strategy
Murano confirmed it has already acquired 21 Bitcoins and plans to continue building its holdings. The company stated that proceeds from its equity agreement with Yorkville will primarily be used to buy Bitcoin.
The SEPA agreement, signed on July 1, allows Murano to sell up to $500 million in shares over time. The funds are expected to support Murano’s new digital asset direction, while also aiding its balance sheet and long-term capital deployment strategy.
CEO Elias Sacal said in a press release,
“We see Bitcoin as a transformative asset that offers long-term growth potential and balance sheet strength.”
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