DeFi Technologies Unveils CoreFi Strategy Corp to Offer Investors Exposure to Bitcoin-Focused Decentralized Finance

This move was inspired by companies like MicroStrategy, per a press release shared with crypto.news.

DeFi Technologies recently announced the launch of CoreFi Strategy Corp, a publicly traded company that will provide investors with exposure to Bitcoin-focused decentralized finance through the Core blockchain.

This move is inspired by companies like MicroStrategy, according to a press release shared with crypto.news.

CoreFi Strategy aims to offer regulated, leveraged Bitcoin (BTC) investments with the potential for amplified returns.

The company's listing on a Canadian stock exchange is expected in early 2025.

CoreFi Strategy aims to provide a new avenue for investors to gain exposure to the Core blockchain and Bitcoin staking.

The Core blockchain, also known as BTCfi, provides DeFi opportunities specifically for Bitcoin, allowing participants to earn yields on their holdings. CoreFi Strategy's approach will involve acquiring and staking both Bitcoin and CORE (CORE), Core's native asset, which can enhance returns for investors who might otherwise hold Bitcoin without a yield.

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, creating a stock that reflects not only Bitcoin's value but its potential for further appreciation.

MetaPlanet has also capitalized on its Bitcoin holdings with leveraged strategies, achieving even greater returns. CoreFi Strategy aims to replicate this model for BTCfi.

In practical terms, CoreFi Strategy intends to dual-stake Bitcoin and CORE, meaning it will simultaneously hold and invest in both assets. Core's blockchain has a staking system that allows Bitcoin holders who also stake CORE to earn additional Bitcoin yields.

This creates a compounded effect for returns, as investors gain both from Bitcoin price movements and from the staking yields Core offers.