Publicly listed company Marti plans to initially allocate approximately 20% of its cash reserves to Bitcoin.

PANews reported on July 29 that according to Investing, Marti Technologies Inc. (NYSE American: MRT), a Turkish ride-hailing service provider, announced the implementation of a corporate financial strategy, which includes holding crypto assets as part of its cash reserve management method. The company plans to initially allocate approximately 20% of its cash reserves to Bitcoin. The company retains the option to increase its crypto asset holdings to 50% of cash reserves and may purchase other digital assets, including Ethereum and Solana. The company stated that it intends to hold crypto assets long-term and gradually increase its holdings over time. Marti Technologies said that this strategy is not expected to affect current business operations or the execution of existing business plans.