Blue Interact Launches Fundraising Plan Leveraging Its Crypto Assets

The Hong Kong-listed firm announced updated crypto asset figures—193.08 BTC, 1,707.63 ETH, and 14,057 SOL—and a US$100 million fundraising initiative, with notable stock price gains reported.

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Summary

On August 14, Linekong Interactive Group (HKEX: 8267) officially announced via its LK Crypto division that its crypto portfolio now includes 193.08 BTC, 1,707.63 ETH, and 14,057 SOL, with average prices of approximately US$73,015, US$3,155, and US$165 respectively. The company also introduced a US$100 million asset management and fundraising plan targeting high-potential crypto assets, Web3 infrastructure, and global high-quality equity assets, while Bluehole Interactive's stock price recorded a 10.14% increase. The announcement follows previous news where the establishment of the LK Crypto division led to a 25.5% rise in stock price within 24 hours.

Terms & Concepts
  • Web3: The next generation of internet technology that leverages decentralized blockchain applications for improved data security and transparency.
  • Crypto Holdings: Digital assets such as Bitcoin, Ethereum, and Solana, held as part of a company's investment portfolio.