Nasdaq-listed company Kaixin Holdings launches digital asset treasury strategy to invest in BTC and ETH

ChainCatcher news, Nasdaq-listed company Kaixin Holdings announced the establishment of a digital asset management department to launch a digital asset treasury strategy, and will raise funds to invest in cryptocurrencies such as BTC and ETH. The company is currently exploring the introduction of new strategic investors and will also acquire high-value projects in the Web3 industry. The company disclosed that it has issued a total of 27,258,228 shares of common stock, including 22,158,228 shares of Class A common stock and 5,100,000 shares of Class B common stock.