Summary
- HK Asia Holdings announced that it has expanded its holdings to 28.88 BTC by purchasing an additional 10 Bitcoins.
- The purchase is explained as part of an asset allocation strategy, and they are gradually expanding Bitcoin as a strategic holding asset.
- HK Asia, which also purchased 10 BTC last month, seems to be steadily increasing its assets through continuous Bitcoin purchases.
Hong Kong-listed company HK Asia Holdings has expanded its assets by purchasing an additional 10 Bitcoins (BTC).
On the 14th, HK Asia announced on X (formerly Twitter) that "we purchased an additional 10 Bitcoins last week, and currently hold a total of 28.88 BTC." Previously, HK Asia also purchased 10 BTC last month.
HK Asia explained, "This is part of an asset allocation strategy, and we are gradually expanding Bitcoin as a strategic holding asset."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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