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CoinGape

US-based manufacturer Worksport to adopt Bitcoin as part of corporate treasury strategy

CoinGape
Summary
Nutrition label

62% Informative

Worksport to adopt Bitcoin and XRP as part of its corporate treasury strategy.

Company's Board of Directors has already approved the purchase of up to $5 million in Bitcoin .

Worksport also plans to allocate some of the proceeds from future capital raises to buying more coins.

This move comes as the Bitcoin price hit $ 100,000 today .

VR Score

43

Informative language

36

Neutral language

57

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links