Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

CIMG Inc raises $13.5M by selling stock paid entirely in 207.7 Bitcoin to non-US investors.

Market News
24 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

CIMG Inc., a Nasdaq-listed micro-cap company, closed a $13.5 million stock offering where investors paid entirely in Bitcoin, receiving 900 million units at $0.015 each. This deal, part of a larger agreement potentially raising up to $650 million mostly in Bitcoin, continues CIMG's unique strategy of accepting Bitcoin directly for equity rather than buying it on the open market. The company’s Bitcoin holdings now exceed 900 BTC, reinforcing its identity as a Bitcoin-accumulating public entity. This approach benefits non-US investors by avoiding fiat conversion and adds Bitcoin directly to CIMG’s treasury, though it raises dilution risks due to many new warrants issued.

More News

AI-driven automation revenue to exceed $5B by 2035, transforming manufacturing control systems.

AI-driven automation revenue to exceed $5B by 2035, transforming manufacturing control systems.

ABI Research forecasts that industrial AI in software-defined automation will generate over $5 billion in revenue by 2035. Growth is driven by AI integration in SCADA/HMI, DCS software, Industrial PCs, and virtual controllers, enhancing flexibility a...

Market News
Bullish
55 minutes ago
Man Group discloses 1.57% stake in Senior Plc via derivatives as of June 23, 2026

Man Group discloses 1.57% stake in Senior Plc via derivatives as of June 23, 2026

Man Group PLC filed a Form 8.3 disclosure revealing it holds a 1.57% interest in Senior Plc, primarily through cash-settled derivatives, totaling 6,613,314 securities as of June 23, 2026. This disclosure is part of regulatory requirements under the T...

Market News
Neutral
1 hour ago
European Venture Fair marks 25 years with key talks on energy, AI, and innovation in Zurich

European Venture Fair marks 25 years with key talks on energy, AI, and innovation in Zurich

The European Venture Fair (EVF) celebrates its 25th anniversary on September 9-10, 2026, in Zurich, gathering around 150 investors to discuss major themes like energy, fusion technology, physical AI, and AI's role in venture capital. The event featur...

Others
Neutral
2 hours ago
Seven Boson launches sovereign AI service enabling nations to control AI without foreign reliance.

Seven Boson launches sovereign AI service enabling nations to control AI without foreign reliance.

Seven Boson Group Ltd. has launched its Sovereign AI Decision Intelligence service, allowing countries to deploy and govern advanced AI independently of foreign providers. This launch coincides with the EU's new legal mandate for AI sovereignty, mark...

Others
Bullish
2 hours ago
Bunzl Canada’s Cleaning & Hygiene division earns top Diamond status from Ontario Education Collaborative Marketplace.

Bunzl Canada’s Cleaning & Hygiene division earns top Diamond status from Ontario Education Collaborative Marketplace.

Bunzl Canada's Cleaning & Hygiene division has achieved the Diamond status, the highest recognition from the Ontario Education Collaborative Marketplace (OECM) supplier program for 2025. This honor highlights Bunzl's consistent excellence in service,...

Market News
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App