Tian Ruixiang stock soars 130% amid advanced merger talks

Tian Ruixiang stock soared 130% after announcing advanced merger talks with an Asia-Pacific insurtech firm and continuing its Bitcoin strategy. The company is partnering with an investor to acquire 15,000 BTC for a $1.5 billion AI-crypto initiative. Additionally, the board approved a 1-for-50 reverse split to support the corporate restructuring.
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