Shareing is winning
2 days ago
Gaxos Board of Directors Approves Bitcoin as Treasury Reserve Asset
Roseland, NJ, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, announced today that the Company's Board of Directors approved the purchase of up to $1 million in Bitcoin.
"As demand for Bitcoin grows and so does its acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset," said Vadim Mats, CEO of Gaxos. "With recent approval of Bitcoin ETFs and growing support from institutional investors, it is a great addition to our treasury strategy. Its limited supply and inflation-resistant characteristics provide a functional store of value."
Invest-in-America
2 days ago
GXAI: Although I'm an Atheist, nevertheless, I'm PRAYING for a comeback here!! See ME, below (the Lady), live right now!! (Heck, whatever works, right??)
"Hey, God, let me score BIG behind my GXAI gambit --- and then I'll donate HALF my winnings to the local Starvation Army store!!"
tw0122
3 weeks ago
After GNS next company to fund reserves with Bitcoin..
nteractive charts, live options flow, and more. Get StartedGXAIGaxos ai IncNASDAQGlobal X Management AUS Ltd (ASX)1.45 0.00 (0.00%)Pre MarketLast Updated:04:54:20Delayed by 15 minutesQuoteChartLevel 2TradesNewsFinancialsHistoricalBoardAI AnalysisGaxos Board of Directors Approves Bitcoin as Treasury Reserve AssetNovember 14 2024 - 7:30AM
Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, announced today that the Company’s Board of Directors approved the purchase of up to $1 million in Bitcoin. “As demand for Bitcoin grows and so does its acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset,” said Vadim Mats, CEO of Gaxos. “With recent approval of Bitcoin ETFs and growing support from institutional investors, it is a great addition to our treasury strategy. Its limited supply and inflation-resistant characteristics provide a functional store of value.” About Gaxos.ai Inc.Gaxos.AI isn't just developing applications; it's redefining the human-AI relationship. Our offerings span health and wellness as well as gaming. We're committed to addressing health, longevity, and entertainment, through AI solutions. Forward-Looking StatementsAll statements other than statements of historical fact in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.Gaxos.ai Inc. Company ContactInvestor Relations
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Gaxos ai (NASDAQ:GXAI)
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