Canadian fintech Mogo's $50M Bitcoin reserve plan ignites 140% share surge at market opening

Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market open...

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Canadian fintech Mogo's $50M Bitcoin reserve plan ignites 140% share surge at market opening

Source: CryptoSlate

Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […]