Nasdaq-listed company Solidion Technologies announces implementation of Bitcoin corporate finance strategy

Solidion Technolog, a Nasdaq-listed battery material supplier, announced that it will implement a Bitcoin corporate financial strategy and plans to allocate its additional reserve funds to Bitcoin. The company stated that it plans to use 60% of the excess cash generated from operations to purchase Bitcoin, and will convert the interest income from cash held in its currency market account into Bitcoin. It also promised to raise funds in the future to acquire more Bitcoin, and is expected to allocate a certain percentage of funds for long-term hold of Bitcoin acquisition.