CryptoNews

Hong Kong-Listed HK Asia Holdings Increases Its Bitcoin Investment to 8.88 BTC

HK Asia Holdings Expands Bitcoin Investment Strategy

HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The number 8 is considered very auspicious in Asian culture, symbolizing wealth and prosperity. The company’s Board of Directors approved the transaction, which was financed through the its internal resources. As the combined percentage ratios of the investments remain below 5% under the Listing Rules of The Stock Exchange of Hong Kong, this announcement was made voluntarily.

Source: Bitcoin

Related posts
AI & RoboticsNews

OpenAI’s Sora is now available for FREE to all users through Microsoft Bing Video Creator on mobile

AI & RoboticsNews

Google quietly launches AI Edge Gallery, letting Android phones run AI without the cloud

AI & RoboticsNews

Enterprise alert: PostgreSQL just became the database you can’t ignore for AI applications

CryptoNews

Justin Sun Takes Center Stage at Bitcoin Vegas 2025 With TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night

Sign up for our Newsletter and
stay informed!