The Canadian listed company Universal Digital has made its first acquisition of 10 Bitcoins.

PANews July 11 news, according to an official announcement, Canadian listed company Universal Digital acquired 10 Bitcoins in the first treasury distribution. According to previous reports, Canadian listed company Universal Digital announced the launch of a Bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them into Bitcoin. The company has signed a non-binding memorandum of cooperation with Japanese listed company GFA in Tokyo, aiming to jointly design Bitcoin reserve plans for Asian listed companies. According to the agreement, both parties will explore building a Bitcoin reserve model for Japanese listed companies, developing financing tools such as warrants for Bitcoin acquisition, and improving the digital asset custody framework.

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