Boxabl, a modular home manufacturer, has announced the acquisition of 10 Bitcoins as part of its financial reserve diversification strategy.
Boxabl's Reserve Strategy
In May 2025, Boxabl first announced its treasury reserve strategy utilizing Bitcoin. The acquisition of 10 BTC at an average price of approximately $107,800 each underscores the company's efforts to enhance its financial stability and preserve the long-term value of its assets.
Merger with FG Merger II Corp.
Boxabl has also announced that it has entered into a definitive merger agreement with FG Merger II Corp., allowing the company to become publicly traded with the ticker 'BXBL' on Nasdaq. The expected transaction values Boxabl at approximately $3.5 billion and includes no minimum cash conditions to close.
Company Financial Goals and Results
Boxabl continues to balance traditional assets with innovative investments, including Bitcoin. To date, the company has raised over $230 million from more than 50,000 investors, enabling it to expand its operational capabilities and presence in the global market.
The Bitcoin acquisition reflects Boxabl's long-term strategy for diversification and strengthening its financial reserves amidst economic uncertainties.
