Australian listed company Opyl has purchased approximately 2 Bitcoin, adopting a Bitcoin reserve strategy to address financial difficulties.

On June 26, according to Decrypt, Australian Securities Exchange-listed AI biotech company Opyl Limited announced a Bitcoin reserve strategy to cope with financial pressures. The company purchased approximately 2 Bitcoin through the DigitalX Bitcoin ETF, worth approximately $214,500. Opyl stated that this move is intended to strengthen "treasury diversification" and create shareholder value. It is worth noting that Opyl had only $41,700.00 in cash at the end of the March quarter, enough to last for less than a month. This Bitcoin strategy is a survival move for the company in its financial difficulties. After the news was announced, Opyl's stock price rose by more than 47% on the same day. [深潮 TechFlow]