Express
CIMG Inc. Raises $55 Million to Acquire 500 Bitcoins
Summary: Business group CIMG Inc. (NASDAQ: IMG), focusing on digital health and sales development, announced on September 2, 2025, that it has completed the previously announced common stock sale transaction, selling 220 million shares at a price of $0.25 per share, raising a total of $55 million and acquiring 500 bitcoins in exchange. CIMG Chairman and ...
Business group CIMG Inc. (NASDAQ: IMG), focusing on digital health and sales development, announced on September 2, 2025, that it has completed the previously announced common stock sale transaction, selling 220 million shares at a price of $0.25 per share, raising a total of $55 million and acquiring 500 bitcoins in exchange.
CIMG Chairman and CEO Wang Jianshuang stated: Looking ahead, the company plans to continue increasing its digital asset reserves and seek collaborations with artificial intelligence and the crypto ecosystem.