Liberal Arts Interactive (00434) fell by more than 10% in early trading. As of press release, it was down 9.13% to HK$2.09, with a turnover of HK$10,434,600.
The Zhitong Finance App learned that Liberal Arts Interactive (00434) fell more than 10% in early trading. As of press release, it was down 9.13% to HK$2.09, with a turnover of HK$10.434,600.
According to the news, Bitcoin recently hit new highs. On March 13, the price of Bitcoin reached 7,3664 US dollars, setting a new record high. Today, Bitcoin dived below 69,000 US dollars in the intraday period, falling more than 2% during the day. A J.P. Morgan Chase research report at the end of February this year indicated that after the “halving” incident in April, the price of Bitcoin could drop to 42,000 US dollars.
Liberal Arts Interactive recently announced on the Hong Kong Stock Exchange that in order to further promote the Group's business development and layout in the Web3 field, the board of directors is seeking approval from the shareholders' meeting to further authorize the purchase of potential cryptocurrencies, and authorize the board of directors to continue to purchase cryptocurrencies totaling no more than 100 million US dollars. According to reports, the company has purchased a total of 1,110 bitcoins, with an average price of about 41,790 US dollars.