Boxabl, a modular home manufacturing company, has announced the acquisition of 10 Bitcoins as part of its treasury reserve strategy. This move highlights the company's commitment to diversifying its assets for the long term.
Boxabl’s Reserve Strategy
Boxabl first adopted its BTC treasury reserve strategy in May 2025. This strategy enables the company to hold a portion of its assets in Bitcoin to hedge against inflation and diversify its financial reserves.
Significance of the Bitcoin Purchase
As part of this strategy, Boxabl acquired 10 Bitcoins at an average price of approximately $107,800 each. Galiano Tiramani, Co-CEO of Boxabl, stated, 'Integrating Bitcoin into our treasury reflects our forward-thinking financial strategy.'
Company’s Merger Plans and Expansion
In addition to its treasury initiatives, Boxabl has also announced a definitive merger agreement with FG Merger II Corp. The deal is expected to make Boxabl a publicly traded company on Nasdaq under the ticker 'BXBL,' with an estimated merger value of approximately $3.5 billion.
Overall, the acquisition of Bitcoins and merger plans underline Boxabl's robust financial approach amid changing economic conditions and its commitment to growth and innovation in affordable housing.
