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Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital


by Abdulkarim Abdulwahab
for CoinEdition

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Bahrain's Al Abraaj Adopts Bitcoin Treasury with 10X Capital
  • Al Abraaj Restaurants Group adds Bitcoin to its treasury reserves.
  • The restaurant became the first publicly listed company in Bahrain to hold Bitcoin.
  • The Group partners with 10X Capital to build its Bitcoin treasury strategy and offer Shariah-compliant Bitcoin exposure to Islamic investors.

Al Abraaj Restaurants Group has become the first publicly listed company in Bahrain to adopt Bitcoin as part of its corporate treasury. The Bahrain-based company partnered with U.S. investment firm 10X Capital to integrate Bitcoin into its corporate reserves. 

The move further confirms growing interest in crypto assets among institutions and may encourage more regional firms in the Gulf region to follow suit. Al Abraaj’s decision aligns it with global firms like Strategy (MicroStrategy) in the U.S. and Japan’s Metaplanet that have also added Bitcoin to their balance sheets.

Related: Singapore Gulf Bank Now Lets Personal Clients Use Crypto Alongside Forex in Bahrain

Partnership with 10X Capital

Per the details on X, Al Abraaj partnered with 10X Capital, a New York-based investment firm specializing in Bitcoin treasury services. 10X Capital previously advised Nak…

The post Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital appeared first on Coin Edition.

Read the article at CoinEdition

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Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital


by Abdulkarim Abdulwahab
for CoinEdition

Share:

Bahrain's Al Abraaj Adopts Bitcoin Treasury with 10X Capital
  • Al Abraaj Restaurants Group adds Bitcoin to its treasury reserves.
  • The restaurant became the first publicly listed company in Bahrain to hold Bitcoin.
  • The Group partners with 10X Capital to build its Bitcoin treasury strategy and offer Shariah-compliant Bitcoin exposure to Islamic investors.

Al Abraaj Restaurants Group has become the first publicly listed company in Bahrain to adopt Bitcoin as part of its corporate treasury. The Bahrain-based company partnered with U.S. investment firm 10X Capital to integrate Bitcoin into its corporate reserves. 

The move further confirms growing interest in crypto assets among institutions and may encourage more regional firms in the Gulf region to follow suit. Al Abraaj’s decision aligns it with global firms like Strategy (MicroStrategy) in the U.S. and Japan’s Metaplanet that have also added Bitcoin to their balance sheets.

Related: Singapore Gulf Bank Now Lets Personal Clients Use Crypto Alongside Forex in Bahrain

Partnership with 10X Capital

Per the details on X, Al Abraaj partnered with 10X Capital, a New York-based investment firm specializing in Bitcoin treasury services. 10X Capital previously advised Nak…

The post Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin, Ethereum, and XRP: Which Crypto Will Shine the Most in 2026?

Bitcoin, Ethereum, and XRP: Which Crypto Will Shine the Most in 2026?

In Brief Bitcoin enters 2026 with the strongest structure, supported by institutiona...
US Inflation Cooled, So Why Did Bitcoin and Stocks Sell Off?

US Inflation Cooled, So Why Did Bitcoin and Stocks Sell Off?

In Brief US CPI fell to 2.7% YoY, delivering one of the most bullish inflation surpr...