SUNation Energy To Incorporate Bitcoin Into Financial Strategy

According to BlockBeats, on January 8, SUNation Energy, Inc. (Nasdaq: SUNE), a publicly traded company in the United States, announced that its board of directors has approved the inclusion of Bitcoin in the company's financial management strategy. As part of this initiative, SUNation plans to allocate 30% of its excess cash to purchase Bitcoin, based on its projected six-month operating expenses. This allocation will be influenced by market conditions and the company's operational needs, including support for its planned expansion strategy. SUNation Energy provides sustainable solar and backup power solutions for homes, businesses, and municipalities.