Canadian listed company Universal Digital acquires 10 Bitcoins for the first time

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

Earlier news , 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 memorandum of cooperation with GFA, a Tokyo-listed company in Japan, to jointly design a Bitcoin reserve plan for Asian listed companies. According to the agreement, the two parties will explore building a Bitcoin reserve model for Japanese listed companies, developing financing tools such as warrants for Bitcoin acquisitions, and improving the digital asset custody framework.