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NetBrands plans a $10M digital asset treasury, investing in Bitcoin and Ethereum, with mining and staking to grow reserves.
NetBrands Corp. announced plans to create a $10 million digital asset treasury, scaling to $100 million, investing in Bitcoin as a reserve, staking Ethereum for yield, and using Aave’s protocols to generate returns, with earnings reinvested in Bitcoin.
The company will also expand Bitcoin mining, retaining mined coins to grow reserves.
Based in Island Park, NY, NetBrands aims to shift toward a blockchain-focused model through strategic investments and growth in Web 3.0, though it warned of risks in forward-looking statements.
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NetBrands planea una tesorería de activos digitales de $ 10 millones, invirtiendo en Bitcoin y Ethereum, con minería y apuestas para aumentar las reservas.