Marti Technologies confirms its commitment to digital assets, starting with Bitcoin, while ensuring operational growth remains unaffected.
Marti Technologies, based in Istanbul, is allocating 20% of its cash reserves to Bitcoin, as stated by CEO Oğuz Alper Öktem. The allocation aims to preserve cash value under varying market conditions, without impacting the company's core operations. Marti, which offers tech-enabled urban transportation services, plans to maintain its operational growth in mobility and transportation. The move follows Marti's recent public listing on the NYSE American exchange in July 2023, where its shares rose 7% in after-hours trading after announcing the crypto strategy.