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CIMG Inc., a publicly traded company, completed a transaction exchanging $55 million in common stock for 500 bitcoins

2025-09-03 08:40:01
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ChainCatcher news, the business group CIMG Inc. (NASDAQ: IMG), focused on digital health and sales expansion, announced the completion of the previously announced common stock sale transaction on September 2, 2025, selling 220 million shares at a price of $0.25 per share, raising a total of $55 million, and in exchange acquiring 500 bitcoins.

CIMG Chairman and CEO Wang Jianshuang emphasized, "Looking ahead, the company plans to continue increasing its digital asset reserves and seeks to collaborate with artificial intelligence and the crypto ecosystem, such as Merlin Chain."

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