CIMG Inc. Grows Bitcoin Holdings to 730 BTC with $24.61 Million Purchase Amid Cooling Market
COINOTAG News reported on December 17 that CIMG Inc., a US-listed specialty coffee technology company, has deployed internal funds to buy 230 additional Bitcoin, bringing the aggregate purchase price to about $24.61 million. After settlement, CIMG’s crypto holdings total 730 bitcoins, expanding its digital asset exposure and strategic balance sheet diversification.
Management described the current digital asset market as in a cooling-off phase, framing the pullback as a deliberate entry point for capital allocation. With Bitcoin retaining high liquidity, the allocation aims to support capital preservation and asset value stability amid macro uncertainty.
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