Oxbridge Re Holdings Expands Treasury Reserve with Bitcoin and Ethereum

Oxbridge Re Holdings Limited, a publicly listed company specializing in reinsurance and tokenized real-world assets, has announced the inclusion of Bitcoin and Ethereum in its treasury reserve strategy.

This strategic decision reflects the company’s focus on diversifying its financial holdings by incorporating blockchain-based opportunities. According to a company release, the move is part of Oxbridge’s broader efforts to explore alternative investment avenues.

CEO Jay Madhu on Bitcoin’s Reliability

CEO Jay Madhu emphasized Bitcoin’s reliability as a store of value, pointing to its increasing adoption and price stability. “Our Board of Directors believes that Bitcoin, in particular, has demonstrated its reliability as a store of value amid rising global adoption, supported by significant price appreciation and growing investor confidence,” said Madhu.

Alignment with Web3 Initiatives

This move aligns with Oxbridge’s broader Web3 initiatives, led by its subsidiary, SurancePlus Inc. SurancePlus is working to transform access to reinsurance investments through tokenization and decentralization.

As part of these efforts, SurancePlus plans to launch two new tokens tied to upcoming reinsurance contracts. The tokens will offer investors the opportunity to participate in high-yield investments, with one targeting a 20% return and another high-yield option aimed at a 42% return. Both tokens will be backed by reinsurance contracts facilitated through Oxbridge’s sidecar vehicle, Oxbridge Re NS.

Other Companies Increasing Bitcoin Reserves

Other companies, such as KULR Technology Group and Genius Group Limited, have also increased their Bitcoin holdings as part of their treasury strategies. KULR acquired 510 BTC worth $50 million, while Genius Group purchased 420 BTC valued at $40 million. Both companies have committed over 90% of their reserves to cryptocurrency.

Additionally, MicroStrategy, a company recognized for its Bitcoin investment strategy, continued its aggressive purchasing of Bitcoin. The firm acquired an additional 11,000 Bitcoin for $1.1 billion.

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