US listed company SAIHEAT purchases $1.5 million worth of Bitcoin as reserve asset
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2024-11-22 17:32:01 2,673
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Golden Finance reported that the US listed company SAIHEAT Limited (NASDAQ: SAIH, SAITW) announced that it has purchased Bitcoin worth US$1.5 million and currently holds approximately 102 Bitcoins, including pledged and restricted Bitcoins. SAIHEAT said it has committed to implementing a comprehensive HODL strategy for its Bitcoin holdings, aiming to retain the Bitcoin mined through its operations as long-term assets. Additionally, SAIHEAT makes strategic purchases on the open market to increase its Bitcoin reserves while aligning with its long-term financial goals.