HK Stock Market Move | Concept stocks of encrypted currency are rising, with Bitcoin returning above $99,000. BOYAA (00434) rose more than 9% at one point.
Concept stocks of cryptocurrencies are on the rise, with Boyaa Interactive surging more than 9% at one point. As of the time of writing, Xiongan Technology (01647) has risen by 9.72% to HK$0.079, while Boyaa Interactive (00434) has risen by 7.53% to HK$5.
Cryptocurrency concept stocks rise, BOYAA rose more than 9% at one point. As of the time of publication, GRANDSHORES (01647) rose 9.72% to 0.079 Hong Kong dollars; BOYAA (00434) rose 7.53% to 5 Hong Kong dollars; SINOHOPE TECH (01611) rose 6.12% to 2.08 Hong Kong dollars; LINEKONG (08267) rose 5.32% to 0.495 Hong Kong dollars.
In terms of news, after experiencing a sharp correction at the end of 2024, the price of Bitcoin has returned to above 99,000 US dollars. As of the time of publication, Bitcoin is priced at 99,045 US dollars per coin. It is reported that Michael Saylor, co-founder and CEO of Microstrategy, a publicly traded company known for holding Bitcoin, released a Bitcoin tracking chart on Sunday, hinting at further acquisition of Bitcoin by Microstrategy this week.
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