BTC Digital (BTCT), a NASDAQ-listed company, has announced a $1 million purchase of Bitcoin (BTC), signaling a strong commitment to cryptocurrency. According to a recent press release on PR Newswire, this investment is part of a larger strategy to incorporate over $10 million in cryptocurrency into its strategic reserve assets by year's end. This move reflects a growing trend among publicly traded companies to diversify their holdings and embrace digital assets. By adding Bitcoin to its reserves, BTC Digital aims to potentially benefit from the long-term growth and stability of the leading cryptocurrency. The company believes this strategic allocation will enhance shareholder value and position them for future opportunities in the evolving digital economy. Further details about their broader cryptocurrency strategy are expected to be released in the coming months. ```