Digital health and sales development company CIMG Inc. announced a $55 million capital raise through a share issuance aimed at expanding its Bitcoin reserves. The company issued 220 million common shares priced at $0.25 per share, receiving 500 BTC in exchange. At current market prices, the Bitcoin is valued at approximately $55.5 million, according to CoinMarketCap.
CIMG’s board said the strategy reflects a commitment to long-term Bitcoin accumulation as a core part of its financial management approach. Chairman and CEO Wang Jianshuang emphasized that the company remains open to broader crypto exposure but views Bitcoin as the foundation of its reserve strategy.
The move follows other major treasury purchases, including Michael Saylor’s Strategy acquiring 4,048 BTC for $449.3 million, and Japan’s Metaplanet restructuring to pursue further crypto buys. With Bitcoin’s price swinging between $108,000 and $113,000 recently, CIMG’s decision highlights growing corporate adoption of Bitcoin as a store of value.
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