Cryptocurrency-focused travel agency Travala announced that it plans to launch a special Bitcoin reserve, while celebrating the platform’s annual gross revenue exceeding $100 million.
After exceeding annual revenue of $59.6 million and reaching $100 million in 2023, Travala plans to create a Bitcoin and AVA reserve.
Travala’s co-founder and CEO Juan Otero said that the decision to hold Bitcoin and AVA reserves is a milestone for the company, reflecting significant growth from $59.6 million in 2023 to over $100 million.
The famous CEO stated that this growth is primarily due to flights and hotel reservations that can be paid with more than 100 cryptocurrencies.
This decision aims to strengthen Travala’s financial foundations and the native token Ava (AVA)
Please provide the text to be translated.
It was stated that it aims to accelerate its future growth.
According to the CEO of Travala, at this point, the company’s Bitcoin and AVA reserve plan will provide additional financial resources in the future to achieve these long-term goals.
"With more resources at Travala’s disposal, we expect to make new hires and launch new incentives on the platform.
Bitcoin and AVA treasury funds will be strategically managed; as the crypto ecosystem continues to mature, we hope to be able to use our crypto reserves directly without the need to convert them when necessary.
Travala did not disclose the amount of Bitcoin and Ava reserves.
AVA, which has risen by 8.2% in the last 24 hours, continues to trade at $0.73 at the time of writing.
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Crypto-Focused Famous Travel Company Exceeds $100 Million Threshold, Announces Critical Announcement for Bitcoin and This Altcoin!
Cryptocurrency-focused travel agency Travala announced that it plans to launch a special Bitcoin reserve, while celebrating the platform’s annual gross revenue exceeding $100 million.
After exceeding annual revenue of $59.6 million and reaching $100 million in 2023, Travala plans to create a Bitcoin and AVA reserve.
Travala’s co-founder and CEO Juan Otero said that the decision to hold Bitcoin and AVA reserves is a milestone for the company, reflecting significant growth from $59.6 million in 2023 to over $100 million.
The famous CEO stated that this growth is primarily due to flights and hotel reservations that can be paid with more than 100 cryptocurrencies.
This decision aims to strengthen Travala’s financial foundations and the native token Ava (AVA) Please provide the text to be translated. It was stated that it aims to accelerate its future growth.
According to the CEO of Travala, at this point, the company’s Bitcoin and AVA reserve plan will provide additional financial resources in the future to achieve these long-term goals.
Travala did not disclose the amount of Bitcoin and Ava reserves.
AVA, which has risen by 8.2% in the last 24 hours, continues to trade at $0.73 at the time of writing.