HK ASIA Holdings (01723) spent HK$5.9369 million to purchase approximately 7.88 units of Bitcoin.

23/02/2025

GMT Eight

HK ASIA HLDGS (01723) announced that the board of directors has approved the company to further increase its investment in Bitcoin. The company has conducted a series of transactions on a cryptocurrency trading platform in the open market on February 20, 2025, purchasing approximately 7.88 units of Bitcoin at a total cost of approximately HKD 5.9369 million, using funds generated from internal resources. As of the date of this announcement, the group holds approximately 8.88 units of Bitcoin, with an average cost of HKD 756,200.

Minsheng Securities: AI-driven market trends are beginning to differentiate, with domestic technology giants increasing capital spending expected to drive investment in a wider range of fields to warm up.

Yum China (09987) spent 4.6721 million Hong Kong dollars on February 21 to buy back 12,900 shares.

Contact: contact@gmteight.com

HK ASIA Holdings (01723) spent HK$5.9369 million to purchase approximately 7.88 units of Bitcoin.

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