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CIMG Inc. has completed a $55 million stock sale, accepting payment in bitcoin and adding 500 BTC to its balance sheet. The move reflects the company’s shift toward a long-term bitcoin reserve strategy.
$55 Million Stock-for- BTC Deal Sees CIMG Adopt Bitcoin Treasury Strategy
CIMG Inc. (Nasdaq: IMG), a global digital health and sales development group, announced the completion of a $55 million equity transaction, receiving 500 BTC as payment for 220 million shares of its common stock priced at $0.25 per share.
The company’s board said the decision to accept bitcoin was a deliberate step in its evolving financial management strategy. Wang Jianshuang, Chairman and CEO of CIMG Inc., added:
We aim to pioneer a new era of bitcoin financial applications and become one of the companies engaged in bitcoin. Moving forward, the Company intends to continue to increase its digital asset reserves and pursue collaborations across AI and crypto ecosystems.
With this move, CIMG joins a growing list of publicly traded companies that are integrating bitcoin into their corporate treasuries as a store of value and strategic reserve asset.
The addition of 500 BTC underscores the company’s intention to backstop its operations and shareholder value with digital assets, reflecting increasing confidence in bitcoin as a financial foundation for long-term corporate strategy.