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Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT), Türkiye's leading mobility super app, announced today that it will initiate a corporate treasury strategy that incorporates the acquisition of certain crypto assets as part of a diversified approach to managing cash reserves. As part of this strategy, the Company will initially hold approximately 20% of its cash reserves in Bitcoin. The Company has the ability to increase its crypto asset holdings to 50% of its cash reserves, and to purchase other crypto assets such as Ethereum and Solana.
In taking this step, Marti joins a growing number of publicly listed companies integrating digital assets into their treasury strategy alongside traditional holdings such as cash, cash equivalents, and marketable securities. These digital assets are recognized by the Company as potential long-term stores of value and as a hedge against systemic financial risk. All digital assets will be custodied through a regulated, institutional-grade custodian, and will be held in compliance with applicable laws and industry best practices related to security, custody, and reporting.
Posted In: MRT