PANews reported on January 8 that according to Globenewswire, the US listed company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of Bitcoin in the company's fund management plan assets. As part of this strategy, SUNation plans to use 30% of its excess cash to purchase BTC based on its estimated six-month operating expenses. The allocation will depend on factors such as market conditions and the company's operating requirements, including supporting its planned expansion strategy.
According to reports, SUNation Energy is a provider of sustainable solar energy and backup power solutions for homes, businesses and municipalities.
