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BTC Digital: Purchased $1 million Bitcoin, intends to expand encryption reserves to over $10 million by the end of the year.
PANews July 14 news, according to an official announcement, BTC Digital Ltd. (NASDAQ: BTCT) announced the formal launch of its strategic Bitcoin and Ether reserve plan, aimed at seizing the structural opportunities brought by the rapid application of stablecoins and RWA on-chain. Following the completion of an initial $1 million Ether strategic reserve last week, BTCT has now purchased $1 million worth of Bitcoin as a strategic reserve, and plans to expand its total Crypto Assets strategic reserve to over $10 million by the end of 2025.