Pluang pauses BTC buys, sells $544.5M stock to raise cash

Pluang halted new Bitcoin purchases for five weeks and sold $544.5M of equities to boost liquidity, signaling a tactical shift toward cash preservation that may reduce its crypto exposure and influence asset-allocation peers in Southeast Asia. This matters for investors tracking fund flows into crypto and regional digital-asset platforms because it could presage tighter risk management or slower crypto-driven revenue growth.