U.S. listed company Tianruixiang plans to acquire 15,000 Bitcoins through equity-related transactions, valued at approximately $1.1 billion.

ZkProver · 2026-02-04T05:33:05+00:00

Tianrui Xiangda has reached a strategic agreement, with an anonymous investor exchanging 15,000 Bitcoins for company equity, valued at approximately $1.1 billion. The agreement also includes collaboration in the crypto and AI sectors, with plans to establish an innovation lab to develop related technologies and products.

ZkProver

2026-02-04 05:33:05

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ChainCatcher reports that, according to Cointelegraph, Nasdaq-listed insurance brokerage firm Tianrui Xiang announced that the company has reached a strategic agreement with an undisclosed investor who will invest 15,000 Bitcoins in exchange for equity in the company, currently valued at approximately $1.1 billion.

Tianrui Xiang also stated that the agreement includes a strategic partnership focused on artificial intelligence and the crypto space, with plans to jointly establish an innovation lab to develop AI-driven trading and risk management tools, blockchain infrastructure, decentralized applications, as well as related products covering Layer 2 networks, DeFi, and non-fungible tokens (NFTs).

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