HK Asia expands Bitcoin Udrje for 10 BTC

HK BK HK Fong Asia Asia has expanded its bitcoin farms, purchase an additional 10 BTC for about 858,581 USD.

The purchase brings total bitcoin firms (Btc) Holdings at 18.88 BTC, appreciates about 1.72 million dollars.

Acquisition follows 23. February Committee approval Allowing HK Asia to increase its Bitcoin investments. The company previously bought 1 BTC 16. February and 7.88 BTC 20. February, financing acquisitions through internal cash reserves.

Value store

HK Asia See Bitcoin as a storage of values ​​and hedges against the depreciation of the fiat. The company voluntarily discovered the purchase despite that it is not required under Hong Kong Stock Rules.

After the initial purchase of Bitcoin, the price of shares of HK Asia almost doubled and its last announcement emphasized that another 5.7% were divided. 24. February.

The company joins the growing list of public traded companies by adding Bitcoin to their balance sheet sheets. Kurl Technological Group based on American recently discovered $ 10 million investment while having Japan tires Announced plans To purchase 1 billion of JPIs worth the BTC value by May.

The companies love Strategy and MetaPlanet They led to the accusation with the periodical investments Bitcoin.