#VietnamCryptoPolicy
๐จVietnamCrypto reaches 10,000 Bitcoins after purchasing an additional 1,112 BTC!
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๐ฐ Details:
โ VitnamCrypto purchased 1,112 Bitcoins worth $117.2 million, bringing its total holdings to 10,000 BTC.
โ The deal was financed through a $210 million zero-interest bond issuance for the EVO Fund.
โ The company exceeded its 2025 target six months ahead of schedule, enhancing its strategy for Bitcoin accumulation.
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๐ Why is this important?
๐น It has become the largest Bitcoin holding company in Asia, surpassing Coinbase.
๐น This could lead to increased institutional demand for Bitcoin.
๐น The company has raised its new targets to 100,000 BTC by 2026 and 210,000 BTC by 2027.
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๐ Market Implications:
๐ฐ We may witness a rise in the price of Bitcoin as new capital enters the market.
โ๏ธ It strengthens VitnamCrypto's position as one of the largest institutional investors in BTC.
๐ก It may encourage other companies to adopt Bitcoin as a reserve asset.
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๐ Do you see this move pushing Bitcoin to higher levels?
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