Reliance announces bitcoin purchase as part of digital asset treasury strategy

Reliance Global (RELI) Group completed its first purchase of Bitcoin (BTC-USD) under its Digital Asset Treasury initiative. This purchase represents Reliance’s latest and largest crypto position to date, underscoring Reliance’s ongoing strategy to include top-tier digital assets in its treasury portfolio, with Bitcoin now joining Ethereum and Cardano among its holdings. This marks the third major step in Reliance’s digital asset strategy. Earlier this month, the Company announced its initial purchase of Ethereum, followed days later by the purchase of Cardano. Each of these purchases reflects Reliance’s measured and disciplined approach to diversifying its treasury with high-quality digital assets. With Bitcoin now added, Reliance’s current crypto portfolio represents three of the largest and longest standing blockchain networks in the world.