Zhi Yun International Subsidiary Acquires Over One Bitcoin in Hong Kong

The Hong Kong-listed firm’s unit purchased over one BTC via a regulated local platform at an average price of $118,000 using internal funds.

BTC

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Terms & Concepts
  • Bitcoin: A decentralized digital currency that operates without a central authority, enabling peer-to-peer transactions on a blockchain network.
  • Regulated Virtual Asset Trading Platform: A trading venue for cryptocurrencies approved and supervised under applicable financial regulations to ensure compliance and investor protection.
  • BTC: The ticker symbol for Bitcoin, representing units of the cryptocurrency in trading contexts.