A First in the Middle East! "We Listened to Michael Saylor, Bought Bitcoin (BTC)!"

As the number of countries adopting Bitcoin increases day by day, one more has been added to them. Accordingly, Al Abraaj became the first publicly traded company in the Middle East to adopt a BTC treasury strategy.

This move by the company marked a first for Bahrain and the entire Middle East.

Al Abraaj Restaurants Group took a significant step as the region's first publicly traded company to add Bitcoin to its treasury reserves.

Company X shared a photo of the famous Bitcoin bull Michael Saylor on its account and announced that it has added Bitcoin to its treasury:

"A big salute to the legend Michael Saylor - your laser-eyed faith has illuminated the way.

Al Abraaj became the first publicly traded company in the Middle East to adopt a Bitcoin treasury strategy.

AlAbraaj Bitcoin Treasury Committee Chairman Abdullah Isa said: "Our initiative to become a Bitcoin company reflects our forward-looking approach and our commitment to enhancing shareholder value. We believe that Bitcoin will play a central role in the future of finance. We eagerly look forward to building the Middle East MicroStrategy with the support of MicroStrategy."

A company's effort to become a technology-friendly hub in a country like Bahrain is interpreted as a clear sign that the region's mindset towards cryptocurrencies is changing.