TechFlow news —港股-listed company Bluehole Interactive announced, according to a series of announcements, that it has purchased a total of 92.4712 bitcoins in open market transactions at an approximate total cost of $2.66 million. Additionally, within the past 12 months, the company has acquired a total of 93.85 bitcoins at an approximate total cost of $2.7 million.
The board of directors of Bluehole Interactive proposes to seek prior shareholder approval to authorize the directors to make potential cryptocurrency purchases during the authorization period, with aggregate costs not exceeding $5 million. The board intends to invest in the largest-cap cryptocurrencies such as Bitcoin and Ethereum, but also acknowledges that cryptocurrency prices may experience significant volatility.
