PANews, July 11 - According to an official announcement, Canadian listed company Universal Digital has acquired 10 bitcoins in its first treasury allocation.
Previously, Canadian listed company Universal Digital announced the launch of a bitcoin reserve strategy, planning to gradually reduce its holdings of existing altcoins and convert them into bitcoin. The company has signed a non-binding cooperation memorandum with GFA, a listed company in Tokyo, Japan, to jointly design a bitcoin reserve plan for listed companies in Asia. According to the agreement, both parties will explore building a bitcoin reserve model for Japanese listed companies, developing warrants and other financing tools for bitcoin acquisition, and improving the digital asset custody framework.