International Business Settlement Holdings Buys $25.7 Million in Bitcoin
Hong Kong-listed firm International Business Settlement Holdings Limited has made a significant entry into the digital asset market, acquiring 247.8694 Bitcoin for a total of $25.7 million. The purchases were executed gradually between October 17 and November 7, 2024. This strategic treasury allocation highlights the growing trend of publicly-traded companies diversifying their reserves with Bitcoin. The acquisition positions…