星球日报
星球日报|Apr 23, 2026 05:29
[New Huo Technology Acquires Avenir Group Trading Team and Launches Bitcoin Asset Management Service] Odaily Planet Daily News - New Huo Technology (1611.HK) announced on April 22 that it will acquire the investment team and trading system of Li Lin's family office, Avenir Group, for $1.6 million. Following the acquisition, New Huo Technology plans to launch a Bitcoin-denominated asset management service called Alpha BTC, aiming to attract investments of over 10,000 Bitcoins within one year, valued at approximately $760 million. The strategy will generate returns through derivatives trading such as options, with Bitcoin or IBIT ETF as the underlying assets. Target clients include crypto-native investors and local enterprises in Hong Kong. As of the end of 2025, Avenir Group holds 18.3 million shares of BlackRock iShares Bitcoin Trust, valued at $908 million.
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads