According to TechFlame, blockchain holding company Immutable Holdings Inc. (Cboe Canada: HOLD; OTCQB: IHDLF) today announced the advancement of its HBAR digital asset treasury strategy and executive changes, as reported by Globenewswire. The company currently holds more than 48 million HBAR tokens through its wholly-owned subsidiary Immutable Asset Management, and plans to increase investments in HBAR or other digital assets based on capital priorities and market conditions. Jordan Fried, chairman of the company's board of directors, said that the energy efficiency, processing power and practical application of the Hedera network make HBAR an ideal asset for long-term strategic management. Meanwhile, the company announced the appointment of Melyssa Charlton as interim CEO and William “Billy” Baxter as interim chief financial officer to support the company's strategic development.