<span>Huadao Healthcare</span> plans to invest up to HKD 3 billion to increase its holdings in cryptocurrency.
BlockBeats News, August 15th. Hong Kong-listed company Concord Medical (01931.HK) announced that due to the Board's belief that purchasing and holding cryptocurrency is an important measure for the Group to solidify its Ethereum (ETH) reserve fund and accelerate the development of the ivd.xyz trading platform's ecosystem, and is also an important part of the Group's asset allocation strategy, after careful consideration, the Board recommends seeking prior approval from the shareholders to grant a purchase authorization. This authorization will empower the Board to carry out potential cryptocurrency purchases over a period of 36 months starting from the date of the special shareholder meeting, with the total purchase amount not exceeding 3 billion Hong Kong dollars.
You may also like

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

DeepSeek Financing Story

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

