Enlightify Inc., listed on the New York Stock Exchange, announced that it will gradually buy out up to $20 million worth of CYBER tokens from the open market within the next 12 months.
With this move, Enlightify became the first publicly traded company to make a treasury investment in the CYBER ecosystem.
According to the press release from the company, these acquisitions will be carried out as part of Enlightify’s long-term digital asset strategy. It was stated that the purchases would be made gradually using the dollar-cost averaging (DCA) method, and the total investment would not exceed 20 million dollars.
Institutional investments that previously focused on major digital assets such as BTC and ETH have taken on a new form with Enlightify's CYBER move. According to information in the press release, CYBER is known as the local token supporting the decentralized artificial intelligence and social infrastructure developed by the Cyber Foundation.
Cyber Foundation stated that it welcomes Enlightify's investment decision with the following remarks:
"Enlightify's decision indicates that institutional confidence in the CYBER ecosystem is increasing steadily. This investment heralds a new era at the intersection of artificial intelligence and blockchain technology."
It was also announced that CYBER tokens will be held as a long-term treasury asset, and this position will be periodically reviewed based on market conditions and company strategies.
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A major company listed on the New York Stock Exchange announced that it will make a large purchase of this altcoin listed on Binance!
Enlightify Inc., listed on the New York Stock Exchange, announced that it will gradually buy out up to $20 million worth of CYBER tokens from the open market within the next 12 months.
With this move, Enlightify became the first publicly traded company to make a treasury investment in the CYBER ecosystem.
According to the press release from the company, these acquisitions will be carried out as part of Enlightify’s long-term digital asset strategy. It was stated that the purchases would be made gradually using the dollar-cost averaging (DCA) method, and the total investment would not exceed 20 million dollars.
Institutional investments that previously focused on major digital assets such as BTC and ETH have taken on a new form with Enlightify's CYBER move. According to information in the press release, CYBER is known as the local token supporting the decentralized artificial intelligence and social infrastructure developed by the Cyber Foundation.
Cyber Foundation stated that it welcomes Enlightify's investment decision with the following remarks:
It was also announced that CYBER tokens will be held as a long-term treasury asset, and this position will be periodically reviewed based on market conditions and company strategies.