U.S. listed company ATIF Holdings Ltd (ZBAI) plans to raise $100 million to stockpile DOGE

$DOGE BlockBeats - On June 24, ATIF Holdings Ltd (recently renamed ZBAI on Nasdaq) announced plans to issue shares to raise $100 million, with the goal:

🔥 Buy Dogecoin (DOGE) as a reserve asset

• If successful, this will be the first U.S. public company to include meme coins in its financial reserve portfolio

• A portion of the budget will continue to purchase other popular meme coins

Long-term strategy:

• Considering meme coins as a strategic asset class in the Web3 era

• Combining traditional investment and crypto

Notable context:

• ATIF was originally a financial consulting company, renamed to ZBAI (Zhongbai International) to reflect its new direction