Middle East Gets Its First Public BTC Treasury Holder

This milestone marks a significant shift in regional sentiment toward digital assets and places Bahrain on the map as a potential crypto-forward hub.The announcement was made by the company via social media, where they paid tribute to MicroStrategy’s Michael Saylor, stating:“A big shout out to the legend Michael Saylor — your laser-eyed faith lit the way. Al Abraaj becomes the first public company in the Middle East to adopt a Bitcoin treasury strategy.”Abdullah Isa, Chairman of the Al Abraaj Bitcoin Treasury Committee, emphasized the company’s long-term vision:“Our move to become a Bitcoin company reflects our forward-looking approach and commitment to increasing shareholder value. We believe BTC will play a central role in the future of finance. We look forward to building the Middle East MicroStrategy with MicroStrategy’s support.” .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Anthony Scaramucci Shares Bold Bitcoin Prediction and ETF Outlook This strategic shift not only aligns Al Abraaj with a growing number of global firms leveraging Bitcoin for treasury diversification but also positions Bahrain as a pioneering force in the region’s evolving fintech landscape.The post Middle East Gets Its First Public BTC Treasury Holder appeared first on Coindoo.