Canadian listed company Universal Digital acquired 10 Bitcoin in its first treasury allocation
Powered by ChatGPTOn July 11, according to NLNico, Canadian public company Universal Digital acquired 10 Bitcoin in its first treasury allocation.
Previously, Canadian public company Universal Digital announced the launch of a Bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them into Bitcoin. The company has signed a non-binding memorandum of understanding with GFA, a Tokyo-listed company in Japan, to jointly design a Bitcoin reserve plan for Asian listed companies. According to the agreement, the two parties will explore building a Bitcoin reserve model for Japanese listed companies, developing financing tools such as warrants for Bitcoin acquisitions, and improving the digital asset custody framework. [Deep Tide TechFlow]