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One article to learn about Hong Kong Ya Holdings further increasing its holdings in Bitcoin! Total holdings increased to 8.88 BTC

Mary-Kate Olsen
Release: 2025-03-03 22:54:01
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One article to learn about Hong Kong Ya Holdings further increasing its holdings in Bitcoin! Total holdings increased to 8.88 BTC

Gangya Holdings Co., Ltd. (stock code: 1723) issued an announcement on February 23, 2025, announcing further increase in Bitcoin. The current total holdings have reached 8.88. The increase in holdings costs approximately HK$5.93 million (approximately US$760,000), and the source of funds is the company's own funds.

Bitcoin portfolio expands, latest position information disclosure

Hong Kong Ya Holdings has previously increased its holdings of Bitcoin twice on February 16 and February 20, 2025, and purchased about 7.88 pieces through an open market trading platform. The average cost of this increase is approximately HK$756,200 (approximately US$97,000) per coin.

As of the date of announcement, the company's total Bitcoin holdings have reached 8.88.

The investment scale has not reached the threshold for mandatory disclosure, and the company voluntarily announces

According to Chapter 14 of the Listing Rules of the Stock Exchange of Hong Kong, this Bitcoin investment (calculated with previous investments) accounts for less than 5% of the company's total assets, so there is no mandatory disclosure. However, in order to maintain market transparency, Hong Kong Asia Holdings chose to voluntarily publish this information and promised to strictly abide by the relevant disclosure requirements of the listing rules in the future.

The company reminds of investment risks and recommends investors to make cautious decisions

The announcement specifically reminds shareholders and potential investors that the cryptocurrency market is volatile and there are risks in investing in Bitcoin. Investors are advised to carefully evaluate their own risk tolerance.

The exchange rate of HKD 1 to USD 0.1283 provided in the announcement is for reference only and is not the actual exchange rate.

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