Us Biotec Inc New Common Shares (SBC) Announces Purchase of Bitcoin
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SBC Medical Group Holdings Announces its Purchase of Bitcoin
February 12, 2025 7:00 AM ESTTOKYO--(BUSINESS WIRE)-- SBC Medical Group Holdings Incorporated (Nasdaq: SBC) (SBC Medical or the Company) today announced that it has made a decision to purchase Bitcoin (BTC), the worlds most widely circulated cryptocurrency. This purchase, totaling equivalent to 1 billion yen, is part of the companys strategic initiatives which aim to build a robust financial base that supports long-term enterprise value creation through the flexible and efficient cash management in response to macroeconomic conditions.
Cryptocurrencies are gaining attention as a new store of value and are recognized as a means of improving financial stability through... More
