Gaming company's shares triple after buying Bitcoin, Hong Kong's in-kind BTC ETF: Asia Express
OUR weekly summary of news Since East Asia curators THE industry most important developments.
Hong Kong game farm has double down on $100 million crypto investmentActions of Hong Kong online game farm Boyaa Interactive to have flew 318% on THE pass month After THE farm approved A has allocate $45 million of business funds has Bitcoin (), $45 million has Ether (), And $10 million has stable coins such as Attached () And USD Piece of money ().
"As of THE date of This announcement, THE Business bought A total of 1,110 Bitcoin with A average unit price of approximately $41,790, A total of 14,855 Ether with A average unit price of approximately $2,777 And approximately 8,000,000 units of Attached," THE farm on March 8 while announcing plans has double down on It is purchase with A additional $100 million investment In cryptocurrencies.
Next to Since THE gigantic purchase, THE farm Also has A solid underlying game business, bringing around 100 million yuan ($13.90 million) In income And 32.05 million yuan ($4.46 million) In earnings, with growth rates of 6% And 72%, respectively. Due has THE in progress bearish action walk In China, most companies to have big species sales available with a few companies trade For far below their nominal book value.
Person, A 10,000 profile picture collection created by legendary Hong Kong director Stephane Food, has seen It is ground price autumn on 70% In THE pass month.
According to has Since OpenSea, THE the lowest ground price of A Person NFT East Currently 0.22 Ether a piece, down Since It is all the time high of 0.99 ETH on Feb. 5.
Despite in progress promotional activities, including autographs Since Food himself, benefits For NFT holders In her Future new movie, And brand with honorable artists, traction remains stagnant After A initial launch point that saw Person NFT In trade volume.
On Feb. 8, Ray Chan, co-founder And CEO of Hong Kong entertainment platform 9GAG, THE rare "Monkey King" Person NFT For 7:52 p.m. Ether, A 3.155% prime has THE collectibles SO ground price. Currently, THE The highest offer For THE active East 0.63 Ether.
Person is not it THE only NFT collection has underperform After A bull run mostly dominated by speculation And euphoria. In April 2023, THE Bruce Lee Foundation, directed by THE Kun Fu Icons girl, Shannon Lee, in partnership with NFT video platform Shibuya has launch THE Home of Lee collection celebrate her from father life And work. Despite THE initial threshing, THE collection has of It is value measure In Ether Since It is summits.
THE NFT as "Your ticket has THE Home of Lee," with reports that he was A simple First of all scene of A in progress Web3 collaboration. However, No other NFT initiatives to have Since has been spear by THE Bruce Lee Foundation Since THE Genesis collection.
A platypus Russian mountains For WassiesAnother example of threshing follow up by decrease Back East Wassies By Wassies, A platypus themed NFT profile picture collection rented by Challenge detective . Last year, Wassies spear A pop-up theme hotel In Singapore, which was follow up by A meme token airdrop For NFT holders program For later This year. As A result, THE price of Wassi Avatars Next skyrocketed Since 0.3...
OUR weekly summary of news Since East Asia curators THE industry most important developments.
Hong Kong game farm has double down on $100 million crypto investmentActions of Hong Kong online game farm Boyaa Interactive to have flew 318% on THE pass month After THE farm approved A has allocate $45 million of business funds has Bitcoin (), $45 million has Ether (), And $10 million has stable coins such as Attached () And USD Piece of money ().
"As of THE date of This announcement, THE Business bought A total of 1,110 Bitcoin with A average unit price of approximately $41,790, A total of 14,855 Ether with A average unit price of approximately $2,777 And approximately 8,000,000 units of Attached," THE farm on March 8 while announcing plans has double down on It is purchase with A additional $100 million investment In cryptocurrencies.
Next to Since THE gigantic purchase, THE farm Also has A solid underlying game business, bringing around 100 million yuan ($13.90 million) In income And 32.05 million yuan ($4.46 million) In earnings, with growth rates of 6% And 72%, respectively. Due has THE in progress bearish action walk In China, most companies to have big species sales available with a few companies trade For far below their nominal book value.
Person, A 10,000 profile picture collection created by legendary Hong Kong director Stephane Food, has seen It is ground price autumn on 70% In THE pass month.
According to has Since OpenSea, THE the lowest ground price of A Person NFT East Currently 0.22 Ether a piece, down Since It is all the time high of 0.99 ETH on Feb. 5.
Despite in progress promotional activities, including autographs Since Food himself, benefits For NFT holders In her Future new movie, And brand with honorable artists, traction remains stagnant After A initial launch point that saw Person NFT In trade volume.
On Feb. 8, Ray Chan, co-founder And CEO of Hong Kong entertainment platform 9GAG, THE rare "Monkey King" Person NFT For 7:52 p.m. Ether, A 3.155% prime has THE collectibles SO ground price. Currently, THE The highest offer For THE active East 0.63 Ether.
Person is not it THE only NFT collection has underperform After A bull run mostly dominated by speculation And euphoria. In April 2023, THE Bruce Lee Foundation, directed by THE Kun Fu Icons girl, Shannon Lee, in partnership with NFT video platform Shibuya has launch THE Home of Lee collection celebrate her from father life And work. Despite THE initial threshing, THE collection has of It is value measure In Ether Since It is summits.
THE NFT as "Your ticket has THE Home of Lee," with reports that he was A simple First of all scene of A in progress Web3 collaboration. However, No other NFT initiatives to have Since has been spear by THE Bruce Lee Foundation Since THE Genesis collection.
A platypus Russian mountains For WassiesAnother example of threshing follow up by decrease Back East Wassies By Wassies, A platypus themed NFT profile picture collection rented by Challenge detective . Last year, Wassies spear A pop-up theme hotel In Singapore, which was follow up by A meme token airdrop For NFT holders program For later This year. As A result, THE price of Wassi Avatars Next skyrocketed Since 0.3...
What's Your Reaction?
