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Regina-Based Thornton Place Condominium Corporation Invests in Bitcoin

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Investment through cryptocurrency platform Kraken believed to be the first physical purchase of Bitcoin by a Canadian condominium company
REGINA, SK, March 17, 2021 /PRNewswire/ - Thornton Place Condominium Corporation ( Thornton Place ), a Condominium Corporation incorporated pursuant to
The Condominium Property Act, 1993 (Saskatchewan), today announced that it has purchased 0.4 bitcoin for its reserve fund with $25,000.00 (CAD) in cash at an average price of approximately $62,500.00 (CAD) per bitcoin, inclusive of fees and expenses.
To ensure the security and efficiency of the transaction, Thornton Place worked with the cryptocurrency platform Kraken.
This represents the first of an ongoing series of planned purchases, with Thornton Place having allocated an additional $700.00 per month to the purchase of future bitcoin on an ongoing and indefinite basis. ....

Thornton Place Condominium Corporation , Condominium Corporation , Condominium Property Act , Thornton Place , Reserve Fund , Operating Fund , Thornton Place Condominium , Place Condominium , தோர்ன்டன் இடம் காண்டோமினியம் நிறுவனம் , காண்டோமினியம் நிறுவனம் , காண்டோமினியம் ப்ராபர்டீ நாடகம் , தோர்ன்டன் இடம் , இருப்பு நிதி , இயங்குகிறது நிதி , தோர்ன்டன் இடம் காண்டோமினியம் , இடம் காண்டோமினியம் ,