CIMG Inc. Acquires 230 Bitcoin, Bringing Total Holdings to 730
CIMG (Nasdaq: IMG) announced on December 17, 2025 that it acquired 230 Bitcoin using internal sources of capital for a total purchase price of approximately US $24,610,000.
Rhea-AI Summary
CIMG (Nasdaq: IMG) announced on December 17, 2025 that it acquired 230 Bitcoin using internal sources of capital for a total purchase price of approximately US $24,610,000. Following the transaction, the company reported its total Bitcoin holdings reached 730.
The company described the current market "cooling period" as a strategic entry point and characterized Bitcoin as a liquid asset for value preservation. The CEO emphasized a long-term reserve strategy and continued capital accumulation.
Positive
- Acquired 230 Bitcoin on December 17, 2025 for ~$24.61M
- Total Bitcoin holdings increased to 730 BTC
- Purchase funded from internal sources of capital
Negative
- Cash outflow of approximately $24.61M from internal capital
Details
News Market Reaction – IMG
On Dec 17, the day this news came out, IMG closed 19.66% above the previous close.
Data tracked by StockTitan Argus for the Dec 17 session.
Key Figures
- Additional Bitcoin acquired
- 230 Bitcoin
- New purchase using internal capital
- Total Bitcoin holdings
- 730 Bitcoin
- Aggregate company reserve after transaction
- Purchase price
- $24,610,000
- Total consideration for 230 Bitcoin
Historical Context
-
Major USD 106.5M computing power equipment contract with Chinese commercial bank.
-
Subsidiaries signed USD 1.779M computing power sales contracts with two customers.
-
Received "Most Investable Company" award highlighting digital health and crypto focus.
-
20-for-1 reverse split to support Nasdaq compliance and capital structure strategy.
-
Tokenized stock tIMG launched on FlowStocks with 15M shares tokenized 1:1.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
bitcoin financial
digital asset market financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
The company stated that the current "cooling period" in the digital asset market has provided a strategic entry point, noting that Bitcoin serves as a liquid asset that supports value preservation.
Alice Wang, Chairman and CEO of CIMG, commented: "We remain committed to a long-term perspective, guided by ongoing capital accumulation. We continuously evaluate opportunities and act decisively when conditions are favorable. As a cornerstone asset in the industry, Bitcoin holds strong long-term investment value. This transaction marks another significant milestone in CIMG's consistent execution of its Bitcoin reserve strategy."
About CIMG Inc.
CIMG Inc. is a global business group in the digital health industry, built around cryptocurrency strategies. The company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive industry growth, helping clients maximize user acquisition and brand management value. Its current portfolio includes brands like Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
Forward-Looking Statements
This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.
For more information, please contact:
http://www.ccmg.tech
ir@ccmg.tech
View original content:https://www.prnewswire.com/news-releases/cimg-inc-acquires-230-bitcoin-bringing-total-holdings-to-730-302644630.html
SOURCE CIMG Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.