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Thai listed company RSXYZ plans to raise $5.8 million to increase its Bitcoin holdings
By: theblockbeats.news|2025/08/26 17:22:18
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BlockBeats News, August 26, a Thai listed company, RSXYZ, plans to raise $5.8 million through the issuance of new common stock to increase its Bitcoin holdings, aiming to accumulate 3,333 BTC over the next three years.
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The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.
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1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
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But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.
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