Angel Studios Invests $10 Million in Bitcoin, Becoming First Film Studio to Adopt Digital Currency for Treasury

Angel Studios, a prominent film company valued at $1.6 billion, has made a significant move by acquiring 300 Bitcoin and establishing a Bitcoin treasury strategy. This innovative investment aligns with the public listing plans orchestrated by Southport Acquisition Corporation. The company is pioneering this approach within the entertainment industry, marking it as the first major studio to embrace Bitcoin for its financial reserves.