Nasdaq Listed CIMG Completes $55 Million Raise For Bitcoin Treasury Initiative

2025-09-03 12:00:19

(MENAFN- Yolo Wire) %CIMG Inc. (NASDAQ: $IMG) has officially completed the previously announced sale of $55 million worth of its common stock in exchange for 500 Bitcoin (CRYPTO: $BTC), marking a milestone transaction at the intersection of traditional finance and digital assets. The deal underscores the company's confidence in Bitcoin as both a store of value and a strategic reserve asset.

The sale, which was initially disclosed earlier this year, highlights CIMG Inc.'s forward-thinking approach to capital management. By diversifying into Bitcoin, the firm is signaling to investors that it views %Cryptocurrency not only as a hedge against inflation but also as a potential driver of long-term shareholder value. At the current exchange rate, the 500 Bitcoin acquired represent a significant digital treasury position that could appreciate substantially if bullish trends in the crypto markets continue.

Executives at CIMG emphasized that the proceeds from the stock sale will strengthen the company's balance sheet while positioning it for growth. The decision mirrors a growing trend among corporations to integrate Bitcoin into their financial strategies, following the precedent set by high-profile institutions and publicly traded companies over the past several years.

Wang Jianshuang, the Chairwoman of the Board of Directors and Chief Executive Officer of CIMG, commented, "The growth and recognition of Bitcoin have revealed opportunities for traditional enterprises to integrate organically with the innovative blockchain ecosystem. We aim to pioneer a new era of Bitcoin financial applications and become one of the companies engaged in Bitcoin finance."

"Moving forward, the Company intends to continue to increase its digital asset reserves and pursue collaborations across AI and crypto ecosystems, such as Merlin Chain," emphasized Wang Jianshuang, Chairman and CEO of CIMG Inc.

As the company transitions into this next phase, investors will be closely watching how the Bitcoin allocation impacts CIMG's financial performance and whether additional blockchain-related strategies may follow. With this sale now complete, CIMG has positioned itself at the forefront of corporate adoption of digital assets.

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