CIMG Invests in Bitcoin: Nasdaq Firm Trades $55 Million for 500 BTC

A significant development in the cryptocurrency market has seen Nasdaq-listed company CIMG make a bold move. The digital healthcare innovator has entered into an agreement to swap a substantial $55 million of its stock for 500 units of Bitcoin, marking a major shift towards embracing digital assets within traditional financial sectors. This move signifies growing institutional confidence in the cryptocurrency market and opens doors for broader adoption across various industries.