HK Stock Market Move | OURGAME (06899) rises by over 42%, affiliated investments in Bitcoin and increased holdings in Ethereum.

As of the time of writing, OURGAME (06899) has risen by over 42% to 0.42 Hong Kong dollars, with a trading volume of 5.4156 million Hong Kong dollars. In terms of news, OURGAME announced that its subsidiary, Allied Gaming & Entertainment Inc. (AGAE, NASDAQ: AGAE), has invested in Bitcoin (BTC) and increased its holdings in Ethereum (ETH). This move signifies AGAE's official launch of a strategic plan to include cryptocurrencies in its balance sheet, laying the foundation for its broader blockchain application and tokenization of Real World Assets (RWA), aiming to drive deep integration of blockchain technology with the group's core gaming and entertainment industries. The company believes that the combination of blockchain technology with the gaming and entertainment industries will reshape the industry value chain, with investments in crypto assets serving as an important starting point for this strategic layout. This initiative not only reserves resources for the group's future technological upgrades and business expansions, but also demonstrates the group's determination to embrace technological innovation and lead industry changes.