DeFi Technologies has introduced CoreFi Strategy Corp, a company set to go public and offer investors exposure to Bitcoin-focused decentralized finance through the Core blockchain.
New opportunity for investors
Inspired by companies like MicroStrategy, CoreFi Strategy aims to provide regulated, leveraged Bitcoin investments with the potential for amplified returns. The company's listing on a Canadian stock exchange is expected in early 2025.
Access to Bitcoin via Core
CoreFi Strategy seeks to open up a new path for investors to access the Core blockchain and Bitcoin staking. Known as BTCfi, the Core blockchain offers DeFi opportunities specifically for Bitcoin, enabling participants to earn yields on their holdings. The company's approach combines acquiring and staking Bitcoin and CORE, Core's native asset, which can enhance returns for investors.
Comparison with MicroStrategy and MetaPlanet
The strategy is modeled after MicroStrategy and MetaPlanet, two companies that have achieved significant gains by investing heavily in Bitcoin. MicroStrategy, for example, has outperformed Bitcoin’s own price increases by leveraging its holdings. MetaPlanet has also capitalized on its Bitcoin holdings with leveraged strategies, achieving even greater returns. CoreFi Strategy aims to replicate this model for BTCfi.
CoreFi Strategy is aiming to expand on successful models to create wider investment opportunities in Bitcoin through the Core blockchain.
