Koinbulteni

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A Chinese company is in talks to purchase $800 million worth of Bitcoin and meme coins, surprising investors. The company plans to diversify its assets by investing in digital assets like Bitcoin, aiming for long-term blockchain strategies. However, uncertainties arise due to the company's low market value of $4.4 million and its intention to use company shares for the purchase, impacting its stock prices. The negotiations are ongoing, and no final agreement has been reached yet.