VCI Global (VCIG) announced the acquisition of approximately 4M additional OOB tokens from the open market under its $50M secondary-market purchase program, part of the Company’s broader $100M Digital Asset Treasury Strategy. The latest tranche comprised 4,174,603 OOB tokens, acquired at an average price of approximately $0.24 per token, representing a total investment of $1M. This brings VCI Global’s total OOB holdings to approximately 254.2M tokens.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VCIG:
- VCI Global partners with Oobit to expand access to global payment market
- VCI Global CEO Increases Stake, Signals Confidence in Growth
- VCI Global CEO Victor Hoo purchases shares on the open market
- VCI Global Executes Share Repurchase Program to Enhance Shareholder Value
- VCI Global board declares special dividend of V Gallant shares
