'Canadian Listed Company' Universal Digital Formalizes Bitcoin (BTC) Accumulation Strategy
JH Kim
Summary
- Canadian listed company Universal Digital reportedly officially announced its Bitcoin (BTC) accumulation strategy.
- The company revealed plans to gradually dispose of its current holdings in altcoins and reallocate the funds to BTC purchases.
- BTC was reportedly trading at $107,628 on the Binance Tether (USDT) market as of the 17th.
According to Crypto Briefing, a virtual asset (cryptocurrency) media outlet, on the 16th (local time), Canadian listed company Universal Digital officially announced its Bitcoin (BTC) accumulation strategy.
The company stated it will gradually dispose of its current holdings in altcoins and reallocate those funds to BTC purchases.
The specific scale of purchase was not disclosed.
Meanwhile, as of 00:48 on the 17th, BTC was trading at $107,628 on the Binance Tether (USDT) market, up 1.89% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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