Angel Studios Embraces Bitcoin as Treasury Asset with $300 Million Purchase

Entertainment company Angel Studios has taken a major step into the world of digital assets by acquiring 300 Bitcoin for its treasury. This bold move signals the company’s commitment to integrating cryptocurrency into its financial strategy, aligning with industry trends. The investment is seen as both hedging against market volatility and enhancing overall investment diversity. Angel Studios has partnered with Off the Chain Capital, potentially adding up to $10 million in funding.