TechFlow, July 11 — According to NLNico, Canadian publicly traded company Universal Digital acquired 10 bitcoins in its first treasury allocation.
Previously, Universal Digital announced the launch of a Bitcoin reserve strategy, planning to gradually reduce its existing altcoin holdings and convert them into Bitcoin. The company has signed a non-binding memorandum of cooperation with GFA, a publicly traded company in Tokyo, Japan, aiming to jointly design Bitcoin reserve programs for Asian listed companies. Under the agreement, both parties will explore building Bitcoin reserve models for Japanese listed companies, develop financing instruments such as warrants for Bitcoin acquisition, and improve digital asset custody frameworks.
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