CIMG Invests $55 Million in Bitcoin, Expanding into Digital Finance Strategy

Nasdaq-listed company CIMG Inc. has made a strategic move by investing its stock proceeds of $55 million into 500 Bitcoin (BTC) tokens, establishing a Bitcoin treasury reserve for the future. The sale of their common shares at $0.25 per share was conducted under Regulation S of the Securities Act of 1993 and follows CIMG’s recent announcement that they will incorporate Bitcoin into their financial portfolio. This strategic move is part of a long-term strategy to build resilience against market volatility and tap into new financial opportunities presented by Bitcoin.