Nocera announces $2M allocation for bitcoin acquisition

Nocera (NCRA) plans to allocate $2M for the purchase of Bitcoin for its corporate treasury over the coming weeks. Bitcoin purchased will be held in the U.S. with an institutional-grade custodian. While Bitcoin represents the Company’s initial digital asset initiative, Nocera expects to remain flexible in its approach and may evaluate additional assets and strategies over time as part of its evolving digital asset strategy. As previously announced, the Company secured an up to $300M convertible note facility to support the Company’s long-term strategic vision, of which a portion of the proceeds may be used to support digital asset acquisitions and initiatives.