- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bahrain’s restaurant group Al Abraham becomes first public firm in Middle East to adopt Bitcoin
By: bitcoin ethereum news|2025/05/15 20:15:05
0
Share
Al Abraaj Group has become the first publicly listed company in the Middle East to adopt Bitcoin as a treasury asset, following in the footsteps of MicroStrategy and Tesla. Bahrain’s Al Abraaj Group has become the first public company in the Middle East to add Bitcoin to its corporate treasury, kicking things off with a purchase of 5 Bitcoin (BTC) and saying it plans to buy more in the future as part of a new long-term strategy. In a Thursday press release, Abdullah Isa, head of the Bitcoin Treasury Committee at Al Abraaj, said the initiative reflects the company’s “forward-looking approach and commitment to increasing and maximizing shareholder value.” “We believe that Bitcoin will play a central role in the future of finance, and we are pleased to be at the forefront of this shift in the Kingdom of Bahrain.” Abdullah Isa To help roll out its Bitcoin strategy, Al Abraaj Group is teaming up with New York-based investment firm 10X Capital and plans to raise more funds to keep buying Bitcoin and increase the number of BTC units tied to each share. Commenting on the collaboration, Hans Thomas, CEO of 10X Capital, said that with Bitcoin now on the balance sheet “anyone in the Gulf Cooperation Council with a brokerage account” could get exposure to the cryptocurrency through a publicly traded stock. Per the press release, Al Abraaj is also looking into Shariah-compliant financial tools that would allow the Islamic world to access Bitcoin “in a legitimate way.” The company emphasized that the decision followed internal reviews and complies with the regulations of the Central Bank of Bahrain. Source: https://crypto.news/bahrains-restaurant-group-al-abraham-becomes-first-public-firm-in-middle-east-to-adopt-bitcoin/
You may also like
The craziest Ethereum L2: L2 built by AI agents spontaneously organizing
This idea seems crazy, but it is not impossible.
Pantera Capital: How has Crypto as a Service affected us?
If you are planning to start a business in 2026, my advice is simple: Instead of just talking about technology, focus more on how you can solve real-world problems.
Pantera Capital: What changes have we made when crypto is treated as a service?
If you are planning to start a business in 2026, my advice is simple: stop talking excessively about technology and focus more on the actual problems you can solve.
Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
"The Ethereum token economic model has collapsed, wake up and see this clearly."
Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
Equity tokens represent the next challenge: can tokenization expand from payments to ownership of financial assets?
CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
A large-scale capital migration driven by platforms such as Hyperliquid towards decentralized infrastructure from centralization.
a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps
The opportunity for stablecoins lies with those merchants that have yet to emerge.
Mining Exodus: Someone Holds $12.8 Billion AI Order
Mining Farms are Turning to AI Hashpower with no Turning Back.
March 6 Market Key Intelligence, How Much Did You Miss?
1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum
2. Largest Price Swings: $XPT, $AIX
3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"
a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
The stablecoin opportunity lies with those merchants yet to come onboard.
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.
Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin
Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.
Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading
A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.
Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish
「The Ethereum Tokenomics Has Collapsed, Wake Up and Realize It」
Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'
Life of Talent, Paranoia, and Setbacks
6% Annual Percentage Yield as Musk Declares War on Traditional Banks
A black metal card, 600x rate delta.
36 years, 4 wars, 1 script: How does capital price the world in conflict?
When the cannon fires, 10,000 ounces of gold. In a turbulent era, the wealth choice of the common people.
Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders
Mining companies turn to AI computing power, with no turning back.
The craziest Ethereum L2: L2 built by AI agents spontaneously organizing
This idea seems crazy, but it is not impossible.
Pantera Capital: How has Crypto as a Service affected us?
If you are planning to start a business in 2026, my advice is simple: Instead of just talking about technology, focus more on how you can solve real-world problems.
Pantera Capital: What changes have we made when crypto is treated as a service?
If you are planning to start a business in 2026, my advice is simple: stop talking excessively about technology and focus more on the actual problems you can solve.
Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
"The Ethereum token economic model has collapsed, wake up and see this clearly."
Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
Equity tokens represent the next challenge: can tokenization expand from payments to ownership of financial assets?
CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
A large-scale capital migration driven by platforms such as Hyperliquid towards decentralized infrastructure from centralization.
App