SAIHEAT Purchases $1.5 Million of Bitcoin
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SAIHEAT Limited, listed on NASDAQ as SAIH, has purchased $1.5 million worth of Bitcoin, bringing its total holdings to approximately 102 bitcoins. The company is committed to a HODL strategy, retaining mined bitcoins as long-term assets and making strategic market purchases to bolster its digital asset reserves.
November 21, 2024 | 4:15 pm
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SAIHEAT Limited has invested $1.5 million in Bitcoin, increasing its holdings to 102 bitcoins. The company is focused on a HODL strategy, indicating a long-term commitment to Bitcoin as a strategic asset.
SAIHEAT's purchase of Bitcoin and commitment to a HODL strategy suggests a positive outlook on Bitcoin's future value. This strategic move may attract investors interested in digital assets, potentially boosting SAIH's stock price in the short term.
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IMPORTANCE 80
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