Foresight News
Foresight News|Nov 25, 2025 14:53
[New Huo Technology Increases Holdings by 24.29 Bitcoins at an Average Price of $82,338, with Total Investment Not Exceeding $5 Million] Foresight News reports that New Huo Technology Holdings Limited has announced that its board of directors plans to execute a Bitcoin purchase plan on cryptocurrency trading platforms in the open market, with a total investment not exceeding $5 million (approximately HK$39 million) to achieve asset diversification. As of the announcement date, the company has completed the purchase of approximately 24.29 Bitcoins at an average cost of $82,338 per Bitcoin, with a total investment of approximately $2 million (approximately HK$15.6 million). The company stated that it will choose appropriate purchase timings based on market performance and prices. Since the purchased transactions are below the 5% threshold, they do not trigger disclosure requirements under Chapter 14 of the Hong Kong Stock Exchange Listing Rules, but the company will provide further disclosures if necessary.
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