Gaxos Board of Directors Approves Bitcoin as Treasury Reserve Asset
Gaxos.ai Inc. (GXAI)
Company Research
Source: GlobeNewswire
Roseland, NJ, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, announced today that the Company’s Board of Directors approved the purchase of up to $1 million in Bitcoin. “As demand for Bitcoin grows and so does its acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset,” said Vadim Mats, CEO of Gaxos. “With recent approval of Bitcoin ETFs and growing support from institutional investors, it is a great addition to our treasury strategy. Its limited supply and inflation-resistant characteristics provide a functional store of value.” About Gaxos.ai Inc. Gaxos.AI isn't just developing applications; it's redefining the human-AI relationship. Our offerings span health and wellness as well as gaming. We're committed to addressing health, longevity, and entertainment, through AI solutions. Forward-Looking Statemen
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- Gaxos to Participate in The AI Summit New York on December 11th to December 12th in New York CityGlobeNewswire
- Gaxos to Participate in the Game Industry Conference on October 24th to October 27th in Poznan, PolandGlobeNewswire
- Gaxos.AI Launches Gaxos Labs, Offering Game Developers and Publishers New Artificial Intelligence SuperpowersGlobeNewswire
- Gaxos.ai Inc. Announces Exercise of Warrants for $3.24 Million Gross ProceedsGlobeNewswire
GXAI
Sec Filings
- 11/19/24 - Form DEF
- 11/14/24 - Form 10-Q
- 11/14/24 - Form SC
- GXAI's page on the SEC website