share_log

蓝港互动(08267)拟最高购买600万美元的加密货币

Blue Port Interactive (08267) plans to buy up to $6 million in cryptocurrencies

Zhitong Finance ·  Jan 21 19:19

Zhitong Finance App News, Blue Port Interactive (08267) announced that according to the purchase authorization, the board of directors is authorized and empowered to purchase cryptocurrencies in open market transactions for a maximum amount of up to 5 million US dollars. The nature of cryptocurrencies is generally extremely volatile and affected by sudden large price fluctuations. Since the purchase authorization was approved on November 22, 2023, the value of cryptocurrencies has skyrocketed, making the purchase authorization not as clear as expected and ultimately limiting the increase in potential shareholder value. In view of this situation, the company believes it is necessary to revise the maximum amount to $6 million to purchase cryptocurrencies in open market transactions and further revise the unit price limits of Bitcoin and Ethereum to no more than 10% of the market price. The Board believes that revising the purchase authorization would provide the Board with flexibility and an opportunity to seize the fleeting moment. The other terms of the purchase authorization will remain unchanged.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment