U.K.-Listed Mode Now Holds $1 Million Of Bitcoin

Mode, a London Stock Exchange-listed company that brands itself as a “bitcoin banking app,” has revealed it now holds around £750,000 ($980,000) worth of bitcoin after announcing plans this week to put 10% of its cash reserves into the cryptocurrency.

Mode has become the first publicly-traded British company to put bitcoin on its books, making the announcement hot on the heels of Jack Dorsey-led payments company Square

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