Our ambition is to ensure that people's hard-earned savings are delivering the best returns and driving more investment into the UK economy.
"Bitcoin offers a compelling hedge against inflation and dollar debasement," said CO Mike Doney. "Incorporating it into our treasury is a strategic step to preserve and grow value for our investors and our business interests."
As officials and ministers began to realize the potential economic pain that could be inflicted on their departments in just a few days' time, it has not stopped some involved from trying to describe the frenzy that gripped Whitehall on Wednesday evening. A mess, was the verdict of one Labour figure. Another opted for chaos. A third was more brutal still: Carnage. This turmoil showcased the immediate pressures facing a government navigating economic challenges.