CIMG Invests $55 Million in Bitcoin to Build a Digital Asset Treasury

Software firm CIMG Inc. has made history by purchasing 500 Bitcoin as part of its new equity issuance, marking a significant shift towards crypto adoption in the corporate world. This move comes after growing interest in using Bitcoin as a reserve asset and diversifying investment portfolios away from traditional holdings like gold or cash. CIMG’s decision aligns with a broader trend within corporate America where companies are integrating Bitcoin into their financial strategies, aiming to build resilience against inflation and volatility.