Asian Citrus Holdings (HK:0073) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Asian Citrus Holdings Limited has made a significant move into the cryptocurrency market by acquiring 8.5 units of Bitcoin for approximately USD 820,000, funded by internal resources. The board considers these acquisitions fair and beneficial for the company and its shareholders. These transactions are classified as discloseable under Hong Kong’s listing rules due to their scale relative to the company’s size.
For further insights into HK:0073 stock, check out TipRanks’ Stock Analysis page.