US-listed firm SAIHEAT buys $1.50 million worth of Bitcoin as a reserve asset
2024-11-22 09:25:41
US-listed company SAIHEAT Limited (NASDAQ: SAIH, SAITW) announced that it has purchased $1.50 million worth of bitcoin and currently holds approximately 102 bitcoins, including staked and restricted bitcoins. SAIHEAT said it has committed to a comprehensive HODL strategy for its bitcoin holdings, with the aim of retaining the bitcoin it mines through operations as a long-term asset. In addition, SAIHEAT is making strategic purchases on the open market to increase its bitcoin reserves while aligning with its long-term financial goals.
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