TechFlow news, July 28 — According to Globenewswire, blockchain holding company Immutable Holdings Inc. (Cboe Canada: HOLD; OTCQB: IHDLF) today announced the advancement of its HBAR digital asset treasury strategy and executive changes. The company currently holds over 48 million HBAR tokens through its wholly-owned subsidiary, Immutable Asset Management, and plans to increase investments in HBAR or other digital assets based on capital priorities and market conditions. Jordan Fried, Chairman of the Board, stated that Hedera's energy efficiency, processing capacity, and real-world applications make HBAR an ideal asset for long-term strategic management. Additionally, the company announced the appointment of Melyssa Charlton as interim Chief Executive Officer and William "Billy" Baxter as interim Chief Financial Officer to support the company's strategic development.
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