
LGHL Announces Acquisition of Bitcoin Following the Subsequent Closing under $600 Million Facility | LGHL Stock News

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Lion Group Holding Ltd. (NASDAQ: LGHL) announced the acquisition of 88.49 Bitcoin units for $8 million, following a convertible note facility transaction. This acquisition is part of LGHL's strategy to diversify and strengthen its digital assets treasury, positioning Bitcoin as a core reserve asset. The company aims to fortify its treasury against macroeconomic uncertainties and align its platform's innovation with Bitcoin's foundational role in finance. LGHL remains committed to exploring strategic opportunities in the digital asset space.
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