Hong Kong Asia Holdings plans to raise HK$65 million, 90% of which will be used for Web3 investment and Bitcoin acquisition
On April 24th, Hong Kong-listed company Hong Asia Holdings announced that it plans to issue 13.12 million Hong Kong dollars of new shares and convertible bonds with a principal amount of 52.3776 million Hong Kong dollars, raising a total of approximately 65 million Hong Kong dollars. Approximately 57,769,518 Hong Kong dollars (about 90% of the net proceeds) will be used to capture potential investment opportunities in the future, explore cryptocurrency investments and opportunities in Web 3.0, and/or acquire digital assets such as bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid announces that HyperEVM precompiled reading function is now available on the mainnet
Surge in Bitcoin ETFs Attracts $1.4B: Does it Signal $100K Milestone?
Institutional Investors Fueling Bitcoin's Potentially Looming $100K Surge

Trending news
MoreCrypto prices
More








