The U.S. listed company SAIHEAT purchased 102 bitcoins as reserve assets, worth 1.5 million dollars

ChainCatcher News, the U.S. publicly traded company SAIHEAT Limited (NASDAQ: SAIH, SAITW) announced that it has purchased $1.5 million worth of Bitcoin and currently holds approximately 102 Bitcoins, including staked and restricted Bitcoins.

The company stated that it is committed to implementing a comprehensive HODL strategy for its Bitcoin holdings, aiming to retain the Bitcoins mined through operations as long-term assets. Additionally, SAIHEAT is making strategic purchases in the open market to increase its Bitcoin reserves while aligning with its long-term financial goals.

It is understood that SAIHEAT Limited is a company providing integrated energy services for data centers, formerly known as SAI.TECH Global Corporation, which merged with TradeUP Global Corporation in May 2022 to become a publicly traded company on NASDAQ. (Globenewswire)