bibibi.ccLoading…
Ruihe Shuzhi sold 38.76 Bitcoin, with the proceeds intended for general working capital.
Hong Kong-listed company Ruihe Shuzhi sold 38.76 Bitcoin, valued at approximately 3121900 USD BlockBeats reported that October 29, the Hong Kong-listed company Ruihe Shuzhi, sold 38.76 Bitcoin, valued at approximately 3121900 USD, excluding transaction costs. The company plans to use the proceeds as general working capital.
Original link https://m.theblockbeats.info/flash/374311
Ruihe Shuzhi sold 38.76 Bitcoin.
The transaction was valued at approximately 3121900 USD, excluding transaction costs.
The company plans to use the proceeds as general working capital.
BlockBeats reported the news on October 29.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that Ruihe Shuzhi reduced its Bitcoin holdings and plans to use the sale proceeds for day-to-day operating funds.
The sale of Bitcoin by a listed company may affect the market’s assessment of its digital asset holdings and funding arrangements.
It may be worth monitoring why the company sold Bitcoin and whether the funds are used to improve day-to-day operations.
Loading event timeline…
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →