Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal
Tian Ruixiang, a Chinese financial services firm, is planning to acquire up to 15,000 Bitcoin through an equity-linked transaction. The deal aims to enhance the company's asset management capabilities and leverage the growing interest in cryptocurrencies. This acquisition is part of a broader strategy to diversify its investment portfolio and tap into the digital asset market. The firm has not disclosed the specific financial terms of the deal or the timeline for the acquisition.
Read the full article: Coin Telegraph