Lingerie Fighting Championships Announces Bitcoin Treasury Expansion Ahead of UK Debut
Finance/Sports

Lingerie Fighting Championships Announces Bitcoin Treasury Expansion Ahead of UK Debut

A Las Vegas-based MMA league plans to acquire significant amounts of Bitcoin as it prepares to host its first events in the UK this July.

Key Highlights:

  • Lingerie Fighting Championships (LFC) plans to purchase $230,000 worth of Bitcoin in the next month and aims to accumulate up to $2 million over a six-month span.
  • This move aligns with the company’s inaugural shows in the UK, including a sold-out event in London on July 4.
  • Despite being asked for details, LFC did not offer reasons concerning its Bitcoin strategy.

Lingerie Fighting Championships, a Las Vegas-based women’s MMA league, has announced its intention to invest in Bitcoin, planning to secure $230,000 worth within the next 30 days, eventually aiming for $2 million over the following six months. This decision coincides with its debut events in the UK, including an already sold-out show in London on July 4.

Bitcoin Acquisition

This initiative is part of a broader trend of companies embracing Bitcoin as a treasury asset, reflecting a growing interest in the cryptocurrency market. CEO Shaun Donnelly expressed the belief that Bitcoin has significant growth potential, stating, “While we aren’t able to purchase a large amount, I looked at it like real estate — even if it’s only a small starter home it’s better to be in the market than outside wishing you had gotten in when you could have.”

For more detailed insights, please check the full article here.

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