CIMG purchased another 230 bitcoins, bringing its total holdings to 730 bitcoins. | PANews

CIMG purchased another 230 bitcoins, bringing its total holdings to 730 bitcoins.

PANews reported on December 17th that CIMG Inc. (NASDAQ: IMG) announced the purchase of 230 additional Bitcoins using approximately $24.61 million of internal funds, bringing the company's total Bitcoin holdings to 730. The company stated that the current "cooling-down" period in the digital asset market presents a window of opportunity, and that Bitcoin, as a highly liquid asset, can be used for value preservation.

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