Bit Origin increased its holdings by over 40 million DOGE at an average price of $0.2466, completing its first ever Treasury Reserve strategy purchase
BlockBeats News, July 22, Bit Origin (stock code: BTOG) announced on Monday that it has increased its holdings by 40,543,745 DOGE, with an average purchase price of about $0.2466 per coin. This move comes less than a week after the company officially established a DOGE-centric corporate treasury.
The company has a market value of about $45 million, with a stock price below $0.80. Last Thursday, Bit Origin announced that it had secured a total of up to $500 million in equity and debt financing to launch an enterprise-level Dogecoin treasury.
Bit Origin's CEO stated: "Our new beginning has begun. With our experience in the mining field, we understand the trade-offs of the Proof of Work (PoW) system. We believe that, amidst a resurgence of developer activity and increasing institutional interest in tokenization, Dogecoin's practical potential for microtransactions is approaching a tipping point."
Te puede gustar
Ganadores
Últimas noticias cripto
「Buddy」's Ethereum y HYPE Long Position se enfrentan a una pérdida no realizada de más de $110,000
Si Ethereum rompe $3,000, el volumen total de liquidación en corto de CEX convencional alcanzará $794 millones
El proceso de Selección de Presidentes de la Reserva Federal está llegando a su fin, con Hasset emergiendo como la mejor opción.
El flujo de salida de Ethereum se ralentiza, con un flujo de salida neto CEX de 24 horas de 2416,40 ETH
En las últimas 24 horas, el flujo neto de salida de CEX de 5.032,50 BTC
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]