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Crypto

Farmhouse Boosts Anti-Debasement Strategy with 950 Bitcoin Purchase

Guavy AI Editorial Team
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BTC
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Farmhouse, an entity known for its anti-debasement strategy, has scaled up this approach by acquiring 950 BTC (Bitcoin) at an average price of $79,670 per unit. This purchase comes after a three-week hiatus since late August when the price was $79,670.

The total cost of the acquisition is approximately $75.7 million. With this move, Farmhouse aims to maintain the value of its assets against potential inflation or debasement in fiat currencies.

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