German company aifinyo AG announced that it has purchased 3 million euros worth of Bitcoin, planning to hold 10,000 coins in 2027.

BTC-4,36%

According to ChainCatcher news and the official announcement, the German fintech company aifinyo AG has announced the purchase of Bitcoin worth 3 million euros, planning to accumulate over 10,000 Bitcoins by 2027, with initial investment from strategic partner UTXO Management. The company adopts a “pure” Bitcoin treasury model, planning to continuously accumulate Bitcoin from operational cash flow without trading, and holding long-term. aifinyo AG has 8,000 B2B customers, primarily engaged in invoice management and corporate financing services, providing a continuous funding source for Bitcoin purchases.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The past 7 days, Bitcoin CEX net outflows reached 47,700 coins, a new high. After a large influx of stablecoins in early March, it quickly shifted to net outflows.

Cryptocurrency market analyst Axel pointed out that in early March, Bitcoin saw an outflow of 47,700 coins within a week, reaching a nearly one-year high, especially on March 4th with an outflow of 31,900 coins, mainly related to large holders transferring to cold wallets. Meanwhile, stablecoins experienced a shift from net inflow to net outflow, reflecting a closed-loop of capital operations.

GateNews1m ago

Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review

In brief City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves. The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use. Municipal finance rules keep assets like Bitcoin outside treasuries, Decrypt was told. Vancouver staff have

Decrypt44m ago

US publicly traded company Hyperscale Data's Bitcoin holdings increase to over 610 coins, with a total market value of approximately $40 million

Hyperscale Data announced on March 7th that its Bitcoin holdings increased to 610.9188 coins, with a total market value of approximately $40 million. Subsidiary Sentinum holds 564.7252 Bitcoin, while another subsidiary ACG purchased 46.1935. The company's goal is to increase the value of its Bitcoin assets to $100 million.

GateNews1h ago

Construction Begins on Quantum Facility Capable of Breaking Bitcoin

The quantum computing race is edging closer to a commercially viable milestone, with PsiQuantum revealing progress toward a facility that could house a million qubits. The company, which has tied its plans to a collaboration with Nvidia, says the ambitious Chicago site will rely on advanced error-to

CryptoBreaking1h ago

XRP Holds $1.40 as Bitcoin Rally and ETF Inflows Lift Crypto Market

Key Insights XRP maintained support above $1.40 as the broader market rebounded, while strong inflows into Bitcoin ETFs helped restore trading confidence. Bitcoin surged beyond $74,000 alongside gains in major altcoins, lifting total crypto market value close to $2.45 trillion in one

CryptoFrontNews1h ago

Bitcoin mining company Cathedra Bitcoin and Sphere 3D reach a merger agreement, with combined operational capacity reaching 53 MW

Cathedra Bitcoin and Sphere 3D have reached a full stock transaction merger agreement. The new company after the merger will retain the Sphere 3D name and operate data centers in multiple states, with plans to expand operational capabilities and develop AI and high-performance computing services.

GateNews1h ago
Comment
0/400
No comments