US-listed company ATIF Holdings Ltd plans to raise $100 million to increase its DOGE holdings as a treasury reserve investment
According to official sources reported by Jinse Finance, US-listed company ATIF Holdings Ltd has announced a stock issuance plan to raise $100 million for the purchase of Dogecoin (DOGE) as part of its corporate treasury investment, aiming to become the first major US-listed company to invest in and hold a meme token. ATIF Holdings Ltd recently changed its name to ZBAI on Nasdaq. In addition to planning to hold part of its treasury reserves in Dogecoin (DOGE), the company will also continue to acquire mainstream meme tokens in the future as part of its long-term digital asset strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
