Universal Digital Inc. (CSE: LFG) has officially unveiled its Bitcoin Treasury Strategy as a fundamental element of its capital allocation framework. This new initiative involves selling off altcoin holdings to accumulate Bitcoin as part of a reserve model. Tim Chan, the CEO, commented, "Our Bitcoin Treasury Strategy marks a deliberate shift in how we manage capital – by holding Bitcoin as a long-term treasury asset, we aim to enhance balance sheet strength and align with the evolving global financial landscape." This strategic direction is meant to elevate long-term net asset value and align the company with the increasing institutional acceptance of Bitcoin. Universal is also planning to collaborate with publicly traded companies in Asia to implement similar treasury strategies, given that Eastern Asia represents a significant share of global crypto transactions. Gen Matsuda, CEO of Ground Financial Advisory Co., remarked on the partnership, emphasizing their combined expertise in both crypto treasury and Japanese markets to introduce Bitcoin reserve models in Japan. As part of this Asian expansion, Universal Digital has entered a non-binding Memorandum of Understanding with Ground Financial to develop Bitcoin-based corporate finance models tailored for the Japanese market. The collaboration aims to create frameworks for asset governance and develop capital-raising instruments such as warrants to facilitate Bitcoin acquisitions. This agreement is set to explore various initiatives, including joint investments and blockchain-centric corporate structures.
Universal Digital Initiates Bitcoin Treasury Strategy Amid Global Interest
Canadian firm Universal Digital launches a Bitcoin Treasury Strategy, shifting from altcoins to bolster its long-term capital allocation model.
Jamie Bennett
Crypto Analyst
5 min read
36,448
Analysis
Market Sentiment
Bearish
Neutral
Bullish
News Impact
8/10
Credibility: 9/10
Trading Recommendation
BTC
BTC
BUY
Entry Price
$30000
Confidence
80%
Stop Loss
$29000
Take Profit
$32000 - $34000
The positive corporate activity surrounding Bitcoin supports a bullish sentiment, making it a good time to initiate a buy.
