On September 3rd, digital health and sales development company CIMG Inc. (NASDAQ: IMG) announced that it will complete the previously announced sale of common shares on September 2nd. The company sold 220 million common shares at a price of $0.25 per share, with a total value of $55 million, and received 500 bitcoins as payment.
The board of directors of CIMG Inc. said that accepting bitcoin as stock payment is part of the company's financing management strategy, and the company will adopt a long-term bitcoin holding strategy. Chairperson and CEO Wang Jianshuang pointed out that the company will continue to increase its digital asset reserves in the future and seek cooperation opportunities in artificial intelligence and crypto ecosystems such as Merlin Chain.
CIMG Inc. Completes $55 million Sale of Common Stock for 500 Bitcoins
2025-09-03 00:46:02
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