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Nasdaq-listed CIMG increases its holdings of $55 million in Bitcoin

Source: ForesightNews
CIMG Inc. (NASDAQ: IMG), a business group focused on digital health and sales expansion, announced that it had completed a previously announced common stock sale transaction, selling 220 million shares at $0.25 per share, a total of $55 million in funding and 500 Bitcoins in exchange for this exchange. "Looking forward, the company plans to continue to increase its digital asset reserves and seek to collaborate with artificial intelligence and crypto ecosystems such as Merlin Chain, etc.," said Wang Jianshuang, chairman and CEO of CIMG.
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