Hong Kong listed company Yuxing Technology: Recently sold approximately 6.3 million USDT and purchased 78.2 BTC

2025-01-01 02:08

According to Foresight News, Hong Kong listed company Yuxing Technology has announced that it has conducted a series of transactions on the public market from July 25, 2024 to December 31, 2024, including: (i) Purchase approximately 78.2 units of Bitcoin at an average price of $80960 per unit, for a total cost of approximately $6.3 million (excluding transaction costs). (ii) Sell approximately 6.3 million units of USDT at an average price of $1 per unit, for a total value of approximately $6.3 million (excluding transaction costs). The USDT sold under the sale will be used to convert into the equivalent amount of Bitcoin under the Bitcoin purchase.

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Today 2025-01-04

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The US FDIC does not encourage member banks to use public blockchains such as Ethereum

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