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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Why VCI Global Stock Is Gaining Today

Bitcoin Nasdaq
VCI Global

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.

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