ChainCatcher news, publicly traded company Jiva Technologies announced that its board has approved the purchase of $1 million in Bitcoin as part of its reserve asset and corporate fund management strategy. Its CEO Lorne Rapkin stated that the inherent scarcity and limited supply of Bitcoin make it a modern hedge against inflation and a safe haven during times of economic uncertainty. The company will also closely monitor its Bitcoin holdings to ensure alignment with market conditions and the company's cash flow requirements.