Cardone increases holdings by another 282 BTC, while Bitdeer adheres to a "zero fiat holdings" operation model
According to ChainCatcher, BBX data shows that over the weekend, global US-listed companies and major institutional treasuries disclosed their latest real ledger and strategic moves regarding Bitcoin spot accumulation, mining production liquidity management, and Web3 infrastructure cross-sector investments. The key updates are as follows:
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Grant Cardone, CEO and billionaire of leading US real estate investment company Cardone Capital, publicly announced yesterday on social platform X that the company has recently completed a direct allocation to digital assets on the secondary market, buying an additional 282 Bitcoin during the dip, demonstrating the strong consensus among traditional real estate moguls regarding the hedge attributes of crypto assets.
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Nasdaq-listed Bitcoin mining company Bitdeer Technologies Group (NASDAQ: $BTDR) officially released its latest weekly Bitcoin production and liquidity settlement ledger on X. For the week ending June 19, its net Bitcoin mining output was 218.1 BTC, and it sold 218.1 BTC in full on the open market during the same period, resulting in a net treasury increase of 0 BTC. The company reiterated that it continues to strictly maintain a "zero Bitcoin holding, full liquidation for cash" operating strategy to ensure efficient cash flow for its main business.
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Nasdaq-listed company NewGen, Inc. (NASDAQ: $NWGN) announced an additional strategic investment of 4 million US dollars in the decentralized prediction market platform K25.ai, helping it complete a total Pre-A round financing of 10 million US dollars. Reportedly, after this funding round, K25.ai's post-investment valuation has reached 100 million US dollars, and NewGen is expected to hold a 10% stake in the platform, accelerating its position in the crypto prediction ecosystem narrative.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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