BBX: Stock Swap BTC Reaches New High! Scilex trades $200 million equity for Bitcoin, while Jiufang Zhitou lays out on the Hong Kong Compliance Exchange
BBX News: Yesterday, global listed companies implemented innovative encryption configurations: Equity Exchange Innovation: Scilex Holding (NASDAQ: SCLX) has created a new path for non cash allocation by exchanging 12.5 million shares (worth $200 million) of its subsidiary's equity for BTC equivalent; - Europe continues to increase investment: Capital B (Euronext: ALCPB) has completed a € 1.2 million private placement to acquire approximately 10 BTC; - Asian strategic layout: Jiufang Intelligent Investment Holdings (HKEX: 09636) subscribed to EX.IO shares of the Hong Kong licensed exchange and laid out digital asset infrastructure. The institution disclosed investments and strategic layouts exceeding 200 million US dollars in a single day, and its allocation model continues to innovate. Source: bbx.com