Quick Takeaways
- CIMG Raises $55 million through a stock sale to buy 500 Bitcoin.
- Strategy and Metaplanet also added thousands of Bitcoin to their treasuries.
- Public companies are increasingly treating crypto like digital gold.
CIMG Raises Millions to Dive Deeper into Bitcoin
In another sign that crypto is going mainstream, CIMG Inc., a digital health and sales firm, just made a bold move: it raised $55 million by selling stock and used the cash to buy 500 Bitcoin.
That’s right instead of holding cash or bonds, CIMG is stacking Bitcoin like it’s a long-term growth asset. And this isn’t some side hustle for the company. According to CEO Wang Jianshuang, this is part of a bigger strategy to build value for shareholders and expand their footprint in the digital space.
What’s more, CIMG isn’t stopping at Bitcoin. The company also wants to explore partnerships in crypto and AI, including collaborations with platforms like Merlin Chain.
So it’s not just about buying coins it’s about getting more deeply involved in the digital ecosystem.
CIMG Raises Capital While Big Players Also Load Up on Bitcoin
Interestingly, CIMG isn’t alone in this trend. Other public companies are also jumping in with serious cash.
Take Strategy, for example. Led by Michael Saylor (yes, the guy who’s been calling Bitcoin digital gold for years), they recently bought 4,048 Bitcoin spending around $449 million. That’s not a typo.
They raised that money through at-the-market (ATM) equity offerings basically, selling shares directly into the market to fund Bitcoin buys.
And it’s clearly paying off: Strategy now holds over 636,000 Bitcoin, making it the largest corporate holder on the planet.
Then there’s Metaplanet, a Tokyo-based company that’s gone all in. After restructuring its capital (with shareholder approval), they now have the flexibility to raise billions and yes, that money’s headed straight for Bitcoin too.
To put it in perspective, Metaplanet now holds 20,000 BTC, placing them as the sixth-largest public Bitcoin holderglobally. You can track these rankings yourself on BitcoinTreasuries.net.
So, Why Are These Companies Stockpiling Bitcoin?
The reasons are pretty clear and kind of exciting if you’re into the future of finance. For starters, Bitcoin is increasingly seen as a hedge against inflation and a stronger store of value than fiat.
Companies don’t just want to park their cash anymore they want to make it work for them.
Also, with rising interest in decentralized finance and digital ecosystems, firms like CIMG are using crypto not just for holding, but as part of a bigger play into future technology.
It’s not just about profits; it’s about positioning. Plus, raising money through share offerings instead of taking on debt gives them the flexibility to invest aggressively without overleveraging.
