Hong Kong Company Makes Waves With Bitcoin Acquisition Deal

A Hong Kong-based company, CIMG INC, has made headlines with a groundbreaking deal: it will buy shares using Bitcoin instead of dollars, marking a significant shift in the financial landscape. The company, renowned for brands like Kangduoyuan and Coco-mango, secured agreements worth $55 million from nine global investors. These investors will acquire shares at $0.25 per share, opting to pay with 500 BTC (Bitcoin). This unusual transaction stands out as a testament to the growing acceptance of Bitcoin in Asia. 🇨🇳