Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) saw its stock price gain 12.9% on Thursday after the company announced that a strategic investor will double a planned Bitcoin transfer to 30,000 BTC, up from an earlier commitment of 15,000 BTC.
The company stated that the revised transaction is valued at more than $2.0 billion at current market prices. Tian Ruixiang identified the counterparty only as a global digital asset investor and said the investor expanded its commitment in the context of recent market volatility.
Management said the additional Bitcoin will be used to accelerate work at a joint global innovation lab set up with the strategic investor. According to Tian Ruixiang, the partnership will concentrate on developing AI-powered crypto trading and risk management systems, AI-driven blockchain infrastructure, and a range of products aimed at both institutional and retail investors.
In a company statement, Chief Executive Officer Baohai Xu said: "While others retreat during market turbulence, we are doubling down to dominate the next era of innovation. This historic 30,000 BTC injection is not just a vote of confidence - it’s a declaration of war on the status quo. Our strategic partner recognizes that TIRX’s AI-crypto convergence model is the blueprint for the future, and we are seizing this moment to accelerate our product cycles, expand our global footprint, and deliver exponential shareholder value."
The firm added that the Bitcoin holdings will provide financial resources to support its expansion plans and to fund technology acquisitions in the digital economy sector.
Key points
- Tian Ruixiang’s shares rose 12.9% after the strategic investor doubled its Bitcoin commitment to 30,000 BTC from 15,000 BTC.
- The enlarged Bitcoin allocation is valued at over $2.0 billion at current market prices and is earmarked to accelerate a joint global innovation lab focused on AI and blockchain technologies.
- Sectors directly affected include digital assets, AI-driven financial technology, blockchain infrastructure, and product offerings for institutional and retail investors.
Risks and uncertainties
- Market volatility - the strategic investor increased its commitment amid recent market turbulence, which may continue to affect the valuation of the Bitcoin holdings.
- Reliance on Bitcoin-denominated assets - using cryptocurrency holdings to fund expansion and acquisitions exposes the company to price swings in the digital asset market.
- Execution of product development - the company plans to deploy the injection toward building AI-powered trading and infrastructure; the outcome depends on successful development and commercialization efforts.
Investors should note that the company specified the investor only as a "global digital asset investor" and provided no additional identifying details. The firm linked the enlarged Bitcoin injection directly to accelerating its joint innovation efforts and to financing strategic technology purchases, but did not provide a timetable or further financial breakdown for the planned uses.