TechFlow news, September 2: Yunfeng Financial announced that its board of directors has approved the purchase of ETH in the public market as a reserve asset. As of the announcement date, the group has cumulatively purchased 10,000 ETH in the public market, with a total investment cost (including fees and expenses) of $44 million. The purchase was funded by the group's internal cash reserves, and the acquired ETH is classified as an investment asset in the group's financial statements. (Jinshi)
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