• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

CIMG Inc. to Raise Funds via Share Issuance for Bitcoin Purchase

user avatar

by Giorgi Kostiuk

7 hours ago


CIMG Inc., a digital health company, has announced plans to issue 220 million shares to raise $55 million for the acquisition of 500 bitcoins.

Details of the Transaction

CIMG Inc. plans to issue 220 million shares to nine non-U.S. investors, raising $55 million exclusively for the purchase of 500 bitcoins, estimated at an average price of $110,000 per BTC. This transaction is expected to conclude by early September, aligning with a trend of corporate entities increasing cryptocurrency holdings.

Market Impact

Market analysts suggest that CIMG's actions may affect Bitcoin price trends given the significant transaction volume. Corporate investments in Bitcoin often generate increased interest in the cryptocurrency markets, with potential short-term volatility expected after the purchase is finalized. As of August 28, 2025, no public statements have been made regarding the Bitcoin acquisition.

Future Corporate Participation Analysis

Coincu researchers speculate that CIMG's purchase could catalyze interest among U.S.-listed companies, influencing regulatory clarity and enhancing institutional confidence in cryptocurrency investments. Enhanced corporate participation is expected to diversify Bitcoin's user base and stabilize long-term valuation dynamics.

In conclusion, CIMG Inc. is making a significant move towards corporate involvement in the Bitcoin market, which may influence the future of corporate treasury strategies and the cryptocurrency landscape overall.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

How to Choose an Agency for Web3 Launch: Top Recommendations

chest

An expert overview of five agencies that will help teams with successful launches in Web3 in 2025.

user avatarGiorgi Kostiuk

How the XRP ETF Might Impact the Crypto Market?

chest

Analyzing the potential of the XRP ETF and its impact on the crypto market, including the Remittix project.

user avatarGiorgi Kostiuk

Pi Network: A Struggling Path and Remittix's Rise Amidst Declines

chest

Analysis of current trends in the cryptocurrency market: Pi Network's decline and Remittix's success in 2025.

user avatarGiorgi Kostiuk

Cyberattacks Utilizing AI Demand Ransoms in Bitcoin Up to $500,000

chest

AI assistant Claude has become a tool for cyberattacks, raising new security threats in the cryptocurrency landscape.

user avatarGiorgi Kostiuk

Ripple Reassesses XRP as Core Financial Infrastructure

chest

Ripple transforms XRP into a vital tool for global finance, including tokenization and stablecoins.

user avatarGiorgi Kostiuk

Strive Prepares for a Major $700 Million Bitcoin Purchase

chest

Asset manager Strive is planning a significant Bitcoin purchase contingent on the approval of a merger with ASST.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.