Boxabl acquires 10 bitcoin for treasury reserves at $107,800 each

Boxabl Inc., a modular home manufacturer, purchased 10 bitcoin at an average price of approximately $107,800 per bitcoin as part of its treasury reserve strategy, according to a company press release.

The Las Vegas-based company first adopted its bitcoin treasury strategy in May 2025 to hedge against inflation, diversify its portfolio, and preserve long-term value. The acquisition follows the company's previously announced approach to hold a portion of its assets in bitcoin.

"Integrating Bitcoin into our treasury reflects our forward-thinking financial strategy," said Galiano Tiramani, Co-CEO of Boxabl. "This acquisition reinforces our confidence in Bitcoin's long-term value and supports our mission to build a resilient and innovative company capable of navigating dynamic economic conditions."

The bitcoin purchase coincides with Boxabl's pending merger with FG Merger II Corp. (NASDAQ: FGMC), a special purpose acquisition company. The transaction is expected to result in Boxabl becoming publicly traded on NASDAQ under the ticker symbol "BXBL." The proposed merger values Boxabl at approximately $3.5 billion with no minimum cash conditions to close.

Boxabl has raised over $230 million from more than 50,000 investors to support its modular housing operations, including production of its Casita modular home. The company focuses on manufacturing affordable housing solutions through its patented technology.

The press release included extensive risk disclosures regarding cryptocurrency holdings, noting that bitcoin and other digital assets are subject to extreme price volatility, regulatory uncertainty, and operational risks including potential loss or theft due to cyberattacks.

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