HK Stock Market Move | BOYAA(00434) rose more than 4% in early trading, bitcoin broke through $102,000 in mid-trading, and the company holds about 3,183 bitcoins.

date
17/01/2025
avatar
GMT Eight
BOYAA (00434) rose more than 4% in early trading, up 3.88% as of press time to HKD 5.35, with a turnover of HKD 14.57 million. On the news front, Bitcoin broke through $102,000 per coin in midday trading, setting a new high since January 7, with a 2.01% increase during the day. BOYAA previously announced that it had exchanged approximately 14,200 Ether for about 515 Bitcoin between November 19 and November 28. After the exchange, BOYAA Group now holds approximately 3,183 Bitcoin, with an average holding cost of approximately $57,724 per coin. It is worth noting that whether Trump's promises in the cryptocurrency industry can be immediately fulfilled after taking office will have a significant impact on Bitcoin prices. His series of positive public statements and commitments about Bitcoin and the cryptocurrency industry, such as hinting at plans to establish a Bitcoin strategic reserve, have made the market look forward to his support for digital assets and his plan to make the United States a dominant force in the global encryption industry.

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