SUNation Energy announces bitcoin treasury strategy

SUNation Energy (SUNE) announced that its Board of Directors has approved the inclusion of bitcoin (BTC) as an asset in the Company’s treasury management program. As part of this strategy, SUNation plans to allocate up to 30% of its excess cash, calculated based on its estimated six-month operating expenses, toward BTC purchases. This allocation will be subject to, among other factors, market conditions and the Company’s operational requirements, including in support of its planned expansion strategy.