According to TechFlow, on November 22, SAIHEAT Limited announced the purchase of $1.5 million worth of Bitcoin, bringing its total holdings to 102. The company's CEO Arthur Lee said that SAIHEAT has adopted a comprehensive HODL strategy and will continue to acquire Bitcoin through mining operations and hold it as a long-term asset, while strategically increasing its holdings in the open market.
SAIHEAT, formerly known as SAI.TECH Global Corporation, was listed on the Nasdaq through a merger with TradeUP Global Corporation in May 2022. The company mainly provides data center liquid cooling system solutions HEATWIT, as well as HEATNUC business focusing on global power resource development and modular nuclear power joint development.
