VCI Global Limited (NASDAQ:VCIG) shares surged Tuesday after the company unveiled a joint venture with a major digital asset holder to launch a sovereign-grade infrastructure project backed by 18,000 Bitcoin, valued at over $2.16 billion at current market prices.
Under the agreement, VCI Global will control a 70% equity stake, overseeing infrastructure and commercialization, while its partner maintains full custody of the Bitcoin reserves.
The collaboration is designed to promote institutional adoption of digital assets by combining secure Bitcoin storage, encrypted artificial intelligence computing, and tokenized real-world assets into one unified ecosystem.
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