Hong Kong investment firm HK Asia Holdings Limited announced further investments in Bitcoin, purchasing approximately 7.88 BTC at a price of approximately $761,000 on February 20, 2025. The decision follows a previous investment disclosed on February 16, 2025, bringing the company's total bitcoin holdings to approximately 8.88 BTC at an average cost of approximately $97,000 per unit. The company's board of directors approved the deal, funded from its internal resources.
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