Hong Kong-based investment firm Tian Ruixiang has unveiled an ambitious plan to significantly increase its digital asset holdings by acquiring up to 15,000 Bitcoin (BTC). The firm announced that this landmark acquisition, valued potentially in excess of $1 billion at current market prices, will be financed through an equity-linked mechanism, signaling a growing trend among institutions to utilize innovative financing structures for crypto exposure. The specific agreement involves the potential issuance of new shares or convertible securities tied to specific operational and valuation milestones, providing the necessary capital for the BTC purchase without immediately impacting the company’s existing cash reserves. Management stated that the move is a crucial strategic step intended to diversify the balance sheet, hedge against macroeconomic uncertainties, and capitalize on the long-term appreciation potential of decentralized assets. The acquisition is expected to be executed in tranches over the coming months, conditional upon securing all necessary regulatory approvals and favorable market conditions. This substantial commitment underscores Tian Ruixiang’s confidence in Bitcoin’s emerging role as a primary reserve asset for corporate treasuries and solidifies its forward-looking positioning within the rapidly evolving Asian financial landscape.
Source: Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal
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