Bitcoin rally has pushed Cardano Foundation BTC holdings to over $100 million

Oluwapelumi Adejumo

The Cardano Foundation has released its first Financial Insights Report, disclosing that its assets totaled $478.24 million as of Dec. 31, 2023, according to a Nov. 13 statement shared with CryptoSlate. Of the reported assets, the Foundation holds 82.7% in ADA, 10.1% in Bitcoin, and the remainder in USD liquidity. Given the recent market rally, […]

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Bitcoin rally has pushed Cardano Foundation BTC holdings to over $100 million