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BUSINESS UPDATES ON BITCOIN PURCHASE 🌍
🔸 CIMG Inc has increased its Bitcoin holdings by purchasing an additional 230 BTC, bringing the total to 730 BTC.
🔸 The Japanese-listed company ANAP Holdings has bought an additional 18.64 BTC, raising its total Bitcoin holdings to 1,218.85 BTC.
🔸 The hedge fund Point72, owned by billionaire Steve Cohen, has purchased approximately $65 million worth of Strategy stock, thereby gaining indirect exposure to Bitcoin through the $MSTR ticker.
🔸 The Taiwanese-listed company Nocera Inc announced a allocation of $2 million to buy Bitcoin.
🔸 The Norwegian sovereign wealth fund, with a scale of $2 trillion, has endorsed all proposals from the Bitcoin treasury company MetaPlanet at the upcoming shareholders' meeting. This fund currently owns about 0.3% of MetaPlanet. The proposals include allowing MetaPlanet to raise capital more flexibly through dividends, share buybacks, and the issuance of new preferred shares to facilitate additional Bitcoin purchases. MetaPlanet also plans to raise approximately $150 million from institutional investors to accumulate more Bitcoin.