Reliance Global Adds Bitcoin To Treasury, Adding To Ethereum And Cardano Holdings

Author: Benzinga Newsdesk | September 29, 2025 12:09pm

- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance", "we" or the "Company") today announced that it has completed its first purchase of Bitcoin (BTC) under its Digital Asset Treasury ("DAT") initiative. This purchase represents Reliance's latest and largest crypto position to date, underscoring  Reliance's ongoing strategy to include top-tier digital assets in its treasury portfolio, with Bitcoin now joining Ethereum and Cardano among its holdings.

This marks the third major step in Reliance's digital asset strategy. Earlier this month, the Company announced its initial purchase of Ethereum (ETH), followed days later by the purchase of Cardano (ADA). Each of these purchases reflects Reliance's measured and disciplined approach to diversifying its treasury with high-quality digital assets. With Bitcoin now added, Reliance's current crypto portfolio represents three of the largest and longest standing blockchain networks in the world.

With this purchase, Reliance becomes one of the Nasdaq/NYSE‐listed companies holding Bitcoin in their treasury. The Company views Bitcoin not as a speculative asset but as a foundational store of value supported by broad adoption, deep liquidity, and strong security.

Bitcoin remains the original, highest‐market‐cap cryptocurrency and is often referred to as "digital gold." Key factors include:

• Limited supply / built‐in scarcity: Only 21 million BTC will ever exist, reinforcing Bitcoin's deflationary attributes.
• Robust network security: Powered by global mining operations, Bitcoin's hashrate and decentralized consensus mechanisms are widely regarded as among the strongest in any blockchain.
• High liquidity & institutional interest: Bitcoin is traded on virtually all major cryptocurrency exchanges and is increasingly held by institutional investors and corporate treasuries.
• Growing adoption: As of mid‐2025, global Bitcoin ownership/users is estimated in the hundreds of millions.
• Transaction volume scale: The Bitcoin network processed approximately $19 trillion in transactions during 2024, more than double the prior year's total.

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