Publicly listed real estate company Murano plans to establish a Bitcoin reserve through a $500 million equity transaction.

Nasdaq-listed real estate company Murano Global Investments has announced a Bitcoin treasury strategy through a standby equity purchase agreement (SEPA) of up to $500 million and is considering integrating Bitcoin into its business, including supporting Bitcoin payments and using it to issue loyalty rewards.
Murano currently has a market cap of approximately $800 million and said it will continue to operate its hotel and real estate development business. Murano Chairman and CEO Elias Sacal said that Bitcoin is a transformative asset with long-term growth potential that can enhance the company's balance sheet's ability to resist inflation and systemic risk.
In addition, Murano recently joined the Bitcoin corporate alliance "Bitcoin for Corporations" led by Strategy (formerly MicroStrategy) and $BTC Inc., and purchased 21 $BTC as treasury assets, worth more than $2.10 million at current prices. [Odaily Planet Daily]