CoinWorld reported on July 11 that, according to an official announcement, the Canadian listed company Universal Digital acquired 10 bitcoins in the first treasury allocation.

According to previous news, the Canadian listed company Universal Digital announced the launch of a bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them into bitcoin. The company has signed a non-binding cooperation memorandum with the Tokyo-listed company GFA in Japan, intending to jointly design a bitcoin reserve plan for Asian listed companies. 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.