Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
US publicly traded company Immutable Holdings announced that it holds over 48 million HBAR tokens.
BlockBeats News, July 28th, according to official sources, publicly traded blockchain holding company Immutable Holdings Inc. (Canada Cboe code: HOLD) today announced a series of strategic initiatives, including advancing its HBAR corporate treasury management strategy and executive team realignment to support business development.
The company stated that Immutable began formulating a digital asset treasury management strategy centered around the Hedera network's native cryptocurrency HBAR in 2025, a plan that will be implemented through its wholly-owned subsidiary, Immutable Asset Management LLC (IAM). As of the date of this press release, IAM currently holds over 48 million HBAR, and will continue to manage this position based on fund priorities and market conditions, potentially increasing its HBAR holdings or acquiring other digital assets in the future.
The company considers HBAR to be a high-quality digital asset with long-term potential, leveraging the advantages of the Hedera network's enterprise-grade performance, low transaction costs, carbon-negative operation, and the growth of enterprise and public sector applications.
You may also like
Morning Report | YZi Labs strategically increases investment in Predict.fun; Drift Protocol suffers an attack with losses of at least $200 million; Coinbase's x402 joins the Linux Foundation
The $590 Billion Dream: How Did the Female Warren Buffett Fall from Grace?
Dialogue with the founder of Pantera: Bitcoin has reached escape velocity, traditional assets are being left behind
The growth dilemma of Base: everything was done right, yet users still leave
Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars
RootData launches the "A-Level Transparency Project Briefing," directly reaching the cryptocurrency listing decision-making chain
What does DeFi look like that Wall Street wants?
Drift Protocol Hack: Understanding One of the Largest Solana Ecosystem Breaches
Key Takeaways Drift Protocol, a decentralized exchange on Solana, experienced a $270 million hack, making it one of…
Navigating the Drift Protocol Security Incident: What You Need to Know
Key Takeaways On April 2, Drift Protocol experienced a security breach where a malicious actor gained administrative control.…
Upbit and Bithumb Designate DRIFT as a Trading Alert Item
Key Takeaways Upbit and Bithumb have labeled DRIFT as a “trading alert” asset following guidance from the Digital…
“Brother Maji” Faces Potential Liquidation with ETH Long Position
Key Takeaways “Brother Maji” currently holds a substantial 25x leveraged long position of 6,000 ETH. The position was…
Wormhole’s Response to Drift Protocol Incident: Delays in Cross-Chain Transfers
Key Takeaways Wormhole confirmed that user assets remain safe despite the Drift Protocol attack. The Solana ecosystem’s built-in…
Bitget Launchpool and MEZO: Navigating the Crypto Reward Opportunities
Key Takeaways Bitget Launchpool offers a way to earn tokens like MEZO by staking assets. The current MEZO…
XRP Price Prediction: Could Ripple Transform into a National Bank?
Key Takeaways: The OCC’s final rule effective from April 1 disrupts traditional banking, potentially allowing Ripple to emerge…
Ripple XRP Approaches National Bank Status: OCC Rule’s Impact
Key Takeaways: Ripple’s journey to full national trust bank status advanced significantly with the OCC’s new rule on…
Cardano Price Forecast: Is ADA Recovery a Bull Trap?
Key Takeaways: Cardano’s price recovery to $0.27 raises questions about whether this is a genuine trend change or…
BNB Price Prediction: Is Binance’s New Prediction Market a Game-Changer?
Key Takeaways: BNB holds a psychological price level at $614, with bullish momentum fueled by Binance’s prediction market.…
Fed’s Barr Advocates Stringent Stablecoin Oversight Amid Historical Lessons
Key Takeaways: Fed Governor Michael Barr stresses the necessity of rigid stablecoin oversight, referencing historical financial instabilities. The…
App