HK Stock Market Move | BOYAA (00434) surged over 9% in the final trading session, with the price of bitcoin hitting a new all-time high on the eve of Trump's inauguration.

date
20/01/2025
avatar
GMT Eight
BOYAA (00434) surged more than 9% in the last trading session, closing up 9.48% at HK$5.89 with a turnover of HK$1.06 billion. On the news front, at noon on January 20th Washington time, the United States will complete the transfer of presidential power, and the new president Trump will deliver his inaugural speech. In Monday's trading session, Bitcoin rose above $108,365, hitting a new all-time high with a gain of over 3% on the day. The market expects Trump to elevate cryptocurrency to a national priority and give industry insiders a voice in his government. It is also anticipated that he will relax regulations and establish a strategic reserve of Bitcoin. It is reported that BOYAA previously announced that between November 19th and November 28th of the 24th year, it exchanged approximately 14,200 Ethereum for about 515 Bitcoin. Following the exchange, BOYAA Group now holds approximately 3,183 Bitcoin, with an average holding cost of approximately $57,724 per Bitcoin.

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