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The legal entity CBI increases its holdings in Bitcoin and plans to acquire another 2000 coins through a share exchange.
[Coin World] According to reports, the French listed company Crypto Blockchain Industries (CBI) has increased its holdings by 21.52 Bitcoins in the past three months, bringing its total holdings to 25.07 Bitcoins. In addition, CBI announced today a strategic partnership with SAFEbit, intending to acquire up to 2,000 Bitcoins (currently worth over 200 million euros) by exchanging company shares at a discounted price. This transaction requires no cash payment and aims to significantly expand its Bitcoin reserves.