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Gangya Holdings further increases its BTC position, with a total holding of 8.88 BTC.
HK Asia Holdings Limited (Stock Code: 1723) voluntarily announced on 2/23 that the company has further increased its holdings of Bitcoin, with a total holding of 8.88 coins. The total investment this time is approximately HK$5.93 million (approximately $760,000), funded by internal resources of the company.
Expand BTC investment portfolio, latest holdings disclosed
Gangya Holdings previously announced its first purchase of BTC on February 16, 2025, and further increased its holdings on February 20 by purchasing approximately 7.88 BTC through a cryptocurrency exchange platform in the open market. According to the announcement, the average cost of this increase was 756,200 Hong Kong dollars (about 97,000 US dollars).
According to the latest data, as of the announcement date, the total BTC holdings of Hong Asia Holdings have increased to 8.88 coins.
The investment size does not meet the disclosure threshold, and the announcement is voluntary.
Hong Asia Holdings pointed out that according to the calculation method of Chapter 14 of the Listing Rules of the Hong Kong Stock Exchange, the applicable percentage of this BTC investment (calculated in combination with the initial investment) is less than 5%, so it is not necessary to make a mandatory announcement according to the regulations. However, considering transparency, the company has decided to voluntarily disclose relevant investment information and has promised to make appropriate announcements in accordance with the relevant disclosure requirements of the Listing Rules in the future.
The company emphasizes prudent investment and reminds shareholders to pay attention to risks
In the announcement, Hong Asia Holdings specifically reminds shareholders and potential investors that due to the large volatility in the cryptocurrency market, investing in BTC may involve certain risks, and the company advises investors to act cautiously.
In addition, the company provided a conversion standard of 1 Hong Kong dollar to 0.1283 US dollars in the announcement, emphasizing that the value is for illustrative purposes only and does not represent the actual exchange amount.
This article, Gangya Holdings further increased its BTC holdings, with a total holding of 8.88 BTC, first appeared on Chain News ABMedia.