Interesting news: A group company plans to acquire a Swiss Bitcoin reserve institution entirely. The transaction price is set at a minimum of 375,000 Swiss Francs, plus the cash balance at the time of settlement, with the total scale expected to approach 600,000 Swiss Francs. How will they pay? By settling with newly issued shares. However, this deal still needs to clear several hurdles—due diligence, finalizing the agreement, and obtaining relevant approvals. Both parties aim to complete this acquisition by 2026. Such asset mergers and acquisitions are becoming increasingly common in the industry, reflecting the growing recognition of Bitcoin reserve value by traditional institutions.