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Hong Kong investment firm’s shares surge 93% after buying just 1 Bitcoin
HK Asia Holdings Limited has seen its shares nearly double in a day after it shared that it had purchased a single Bitcoin.
💫💥💫💥
Shares in the Hong Kong-based investment firm HK Asia Holdings Limited nearly doubled in value during trading on Feb. 17 after the firm disclosed it had purchased one Bitcoin.
HK Asia said in a Feb. 16 announcement that it “purchased an aggregate of 1 unit of Bitcoin” for around $96,150 on Feb. 13, “which was financed by the Group’s internal resources.”
The firm’s shares on the Hong Kong Stock Exchange closed up by nearly 93% on Monday to 5.50 Hong Kong dollars (71 cents), nearing its June 2019 peak of 6.50 Hong Kong dollars (84 cents), according to Google Finance.#BTC #ETH #ContentStar #GT