Brief: Mogo To Make Corporate Investment In Bitcoin

Orion Digital

23/12/2020 12:45

Dec 23 (Reuters) - Mogo Inc (British Columbia)  MOGO.TO :
    * MOGO TO MAKE CORPORATE INVESTMENT IN BITCOIN
    * MOGO INC - INITIAL PURCHASE WOULD REPRESENT APPROXIMATELY
1.5%
OF MOGO'S TOTAL ASSETS AS OF END OF Q3 OF 2020
    * MOGO INC - PLANS TO MAKE AN INITIAL CORPORATE INVESTMENT
OF UP
TO C$1.5 MILLION IN BITCOIN AND WILL CONSIDER ADDITIONAL
INVESTMENTS IN 2021
    * MOGO INC  - MONETIZING SOME OF EXISTING $17 MILLION
PORTFOLIO
WHICH CO EXPECTS TO BEGIN DOING IN 2021

Source text for Eikon:  ID:nBw5mhZ2Ta 
Further company coverage:  MOGO.TO 

 ((Reuters.Briefs@thomsonreuters.com;))