OFA Group, Listed in the US, Announces Up to $100 Million Virtual Asset Investment

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Son Min

Summary

  • NASDAQ-listed OFA Group announced that it plans to use up to $100 million for virtual asset purchases.
  • OFA Group stated that it signed a common stock purchase agreement with Atsion Opportunity Fund LLC.
  • It was reported that the raised funds could be expanded up to $200 million in the future.

NASDAQ-listed OFA Group is expected to use up to $100 million to purchase virtual assets (cryptocurrencies).

According to GlobeNewswire on the 15th (local time), OFA Group stated that it "has entered into a common stock purchase agreement with Atsion Opportunity Fund LLC for up to $100 million" and that "with the funds raised, it plans to purchase Bitcoin (BTC), Solana (SOL), Sui (SUI), and others." It was also revealed that the total funding may expand up to $200 million in the future.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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