Nasdaq-listed Tian Ruixiang Holdings Ltd. disclosed an agreement in which an unidentified strategic investor contributed 15,000 Bitcoins in exchange for a substantial equity stake. The transaction, described as a non-monetary asset-for-equity swap tied to an exclusive AI and crypto partnership, involved a valuation in the range of approximately $1.1–$1.5 billion, depending on the BTC reference price cited by the company.
According to Tian Ruixiang (TIRX), an investor whose identity was not disclosed, a total of 15,000 BTC was contributed in exchange for a large number of company shares. The agreement also established a joint global innovation lab intended to bring together R&D teams and build AI-powered trading systems, risk management systems, blockchain infrastructure, and AI-crypto fusion products for institutional and retail users.
Following the closing of the deal, which is estimated to be worth between $1.1 and $1.5 billion, TIRX anticipates generating approximately $200 million in the first year alone from the 15,000 BTC investment, with a target annual growth rate of around 50%.
Market impact and risks to the BTC price
Markets reacted immediately, with TIRX’s share price surging approximately 98.41% to $0.15. The surge followed a 5-for-1 reverse stock split, complicating the interpretation of the stock’s short-term price.
Some market commentators labeled the rapid price movement as speculative and questioned whether the lab’s ambitions would translate into sustainable financial performance. TIRX was also navigating a potential Nasdaq delisting process related to minimum bid price rules, a governance risk the company acknowledged in its disclosures.
The deal elevates Tian Ruixiang to a materially different strategic position by adding a large Bitcoin treasury and a technology partnership focused on AI-crypto integration.
If the company executes the lab construction and any related acquisitions, TIRX could accelerate product development in algorithmic trading, risk systems, and blockchain-based services, and expand into institutional markets in Asia Pacific.
