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Canadian Listed Company Universal Digital Makes First Acquisition of 10 Bitcoins

Summary: According to reports, Canadian listed company Universal Digital has acquired 10 Bitcoins in its first treasury allocation, as announced officially. Prior to this news, Canadian listed company Universal Digital announced the initiation of a Bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them to Bitcoin. The company has signed a ...

According to reports, Canadian listed company Universal Digital has acquired 10 Bitcoins in its first treasury allocation, as announced officially.

Prior to this news, Canadian listed company Universal Digital announced the initiation of a Bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them to Bitcoin. The company has signed a non-binding memorandum of cooperation with the Tokyo-listed company GFA in Japan, intending to jointly design a Bitcoin reserve plan for Asian listed companies. According to the agreement, both parties will explore building a Bitcoin reserve model for Japanese listed companies, developing financing tools such as warrants for Bitcoin purchases, and improving the digital asset custody framework.

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