Core Insights - CDT Equity Inc. announced the acquisition of 9.25648743 Bitcoin for a total price of $1,005,000, averaging $108,301.75 per BTC, increasing total holdings to 17.9090111 BTC [1][2] Group 1: Acquisition Details - The acquisition is part of CDT's cryptocurrency treasury reserve strategy aimed at diversifying the balance sheet and enhancing long-term shareholder value through digital asset accumulation [2][3] - The total Bitcoin holdings of CDT now amount to 17.9090111 BTC following this transaction [1] Group 2: Strategic Intent - CDT's CFO emphasized a disciplined and opportunistic approach to capital management, aligning with the growing institutional adoption of digital assets and aiming to strengthen financial resilience [3] - The company is committed to strategically deploying capital within its treasury reserve program, focusing initially on Bitcoin [3] Group 3: Company Overview - CDT Equity Inc. is a biopharmaceutical development company that leverages scientific innovation and strategic partnerships to advance therapeutic assets [3] - The company has evolved from Conduit Pharmaceuticals to a broader platform utilizing artificial intelligence and efficient asset repositioning for novel treatment development [3]
CDT Equity Increases Bitcoin Holding