Mogo Inc. (MOGO) said it has monetized approximately $13.8 million of its investment in WonderFi Technologies, representing just under 50% of its total holdings in the company. Mogo said it is allocating the proceeds from this monetization in line with long-term capital strategy. With these proceeds, the company has increased its investment in Bitcoin to approximately $2 million.
The company said WonderFi shares were sold at a modest discount to the proposed deal value in connection with WonderFi's pending acquisition by Robinhood Markets, Inc. The company plans to hold the remaining shares until that transaction closes.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.