Hong Kong -based Investment Holding Company has joined many companies that integrate Bitcoin into the loan table and changed some of the company’s finance to cryptocurrency.
HK ASIA HOLDINGS announced that the newly established board of directors has expanded the Bitcoin protection area after approving the acquisition.
Buy more Bitcoin
In the X post, HK Asia Holdings has acquired 10 additional Bitcoins with about $ 858,581 and found that the total BTC hold was raised to 18.88 coins.
Holdings Company said, “The board of directors is pleased to announce 10 BTC purchases this week and announce the company’s asset allocation strategy.”
The group has already acquired a total of 18.88 Bitcoins for the total consideration of $ 1,720,157.41.
https://t.co/dp4j6tzliw now has 18.88 BTC. The board of directors is pleased to buy 10 BTCs this week and announce the company’s asset allocation strategy. pic.twitter.com/9ebkye5mnu
-1723.hk (@moonInchk) March 21, 2025
This purchase indicates that Asian investment holding companies can see the Firstborn Cryptocurrency as a way to fight the depreciation of value and depreciation of the currency. HK ASIA HOLDINGS unveiled its acquisition of BTC, even though the Hong Kong Securities Exchange did not require such a disclosure. After the initial acquisition of Bitcoin, the company’s share price has doubled, and the company’s share price has increased by 5.7% on February 24.
Asset Allocation Strategy
The acquisition of Bitcoin is the third cryptocurrency investment of HK Asia for more than a month. The company explained that the acquisition of encryption is part of the group’s “asset allocation strategy,” and the company can assign a part of the Treasury to cryptocurrency and act as a diversification of cash in financial management.
The board of directors of HK Asia Holdings has gained the opportunity to increase the popularity of cryptocurrency in the commercial world, and the company has become part of an investment portfolio such as Bitcoin using cryptocurrency.
“The board of directors is one of the longest positions as a reliable value repository to Bitcoin to Bitcoin, and I still think there is still room for cryptocurrency, including high value for value, including the largest cryptocurrency in terms of market capitalization.”
The group observed that the board of directors had a very high volatility, and the board decided to invest in Bitcoin because it is the largest cryptocurrency by market cap. The group said that the acquisition of Bitcoin will improve the value of shareholders in the long run.
“The board of directors thinks that the acquisition of Bitcoin is symbolic, and it will show an important step in matching the evolving global financial environment, and will diversify the group’s investment portfolio and improve its asset value.”
According to the board of directors, the investment movement shows that the company has a vision and determination to accommodate technology evolution, and thus preparing to enter the blockchain industry.
HK ASIA HOLDINGS acquired the first encryption after the company acquired $ 96,000 worth $ 96,000 at the time on February 13, 2025.
PEXELS’s main image, TradingView chart
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
