#比特币对比代币化黄金 Another publicly listed company is betting on Bitcoin!
Nasdaq-listed Lion Group Holding (ticker: LGHL) has just signed a big deal—raising nearly $10 million through a convertible note issuance, to be exact, $9.984 million. More importantly, they plan to use $8 million of that to buy $BTC and bolster their treasury.
The timing of this move is quite interesting. According to the company’s management, a “cooling-off period” in the market is actually a good opportunity, and Bitcoin’s liquidity and value-preserving attributes make it an ideal asset for corporate allocation. In other words, they’re building a position while prices are pulling back.
From MicroStrategy to Tesla, and now more and more small and mid-cap companies joining in, buying crypto has shifted from being a “bold experiment” to a “standard operation” for publicly traded firms. Lion Group is going all-in, putting 80% of its newly raised capital directly into digital assets.
But $8 million is just a small test for institutional funds; what’s truly worth watching is the trend—traditional financial systems and the crypto world are merging faster than ever.
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NFTRegretter
· 12-05 06:11
Here we go again, another one jumping on the bandwagon. 8 million is nothing to them... But to be fair, the trend really has changed. Even those who used to look down on the crypto space are quietly building their positions now.
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faded_wojak.eth
· 12-05 06:01
Taking advantage of the dip to build a position—playing this strategy like a pro, but is 8 million really enough to make a difference?
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MerkleMaid
· 12-05 06:00
Same old rhetoric, the "cooling-off period" is basically the bottom, should have played it this way a long time ago.
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What's 8 million, just wait and see how the real whales operate.
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Traditional finance is finally admitting defeat, and this is just the beginning.
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Now every company has to hold some crypto, otherwise they’re embarrassed to even hold a board meeting.
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Bitcoin really has become a consensus as an asset allocation target. The ambition is big—let’s see how things play out next.
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Calling it "liquidity" sounds nice, but in reality, they just want to buy the dip.
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From Tesla until now, this trend has become more and more obvious. The financial system really is changing.
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AltcoinHunter
· 12-05 05:55
Here comes another “bottom” to cut us retail investors again? It’s only 8 million, do they really think this is institutions buying the dip?
When institutions really go all-in, you won’t see it at all. Think carefully for yourself before following the crowd.
Bitcoin preserves value? Then why did I lose money on what I bought last year, haha.
Wait, are they really only buying BTC? Didn’t allocate to any small coins? That’s way too conservative, bro.
Is this what they call “traditional finance awakening”? I think it’s just money looking for a way out.
The target company is small, and the fundraising isn’t big either—why does it feel so hyped up?
That’s right, the trend is correct, but the problem is that retail investors can’t keep up at all.
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MevHunter
· 12-05 05:53
Here you are copying again, huh? You really dared to throw 80% of the funding directly in. I have to admit, that's some guts.
#比特币对比代币化黄金 Another publicly listed company is betting on Bitcoin!
Nasdaq-listed Lion Group Holding (ticker: LGHL) has just signed a big deal—raising nearly $10 million through a convertible note issuance, to be exact, $9.984 million. More importantly, they plan to use $8 million of that to buy $BTC and bolster their treasury.
The timing of this move is quite interesting. According to the company’s management, a “cooling-off period” in the market is actually a good opportunity, and Bitcoin’s liquidity and value-preserving attributes make it an ideal asset for corporate allocation. In other words, they’re building a position while prices are pulling back.
From MicroStrategy to Tesla, and now more and more small and mid-cap companies joining in, buying crypto has shifted from being a “bold experiment” to a “standard operation” for publicly traded firms. Lion Group is going all-in, putting 80% of its newly raised capital directly into digital assets.
But $8 million is just a small test for institutional funds; what’s truly worth watching is the trend—traditional financial systems and the crypto world are merging faster than ever.