LAPCO HOLDINGS (08472) Plans to Allocate HK$24 Million for Cryptocurrency and Commodity Investments

Stock News

Oct 13

LAPCO HOLDINGS (08472) announced that its board of directors has approved a budget of HK$24 million for the group to purchase cryptocurrencies and commodities on regulated and licensed trading platforms over the next year from the announcement date. The investments will primarily include, but are not limited to, Bitcoin (BTC), Ethereum (ETH), gold, and silver. The group will fund these cryptocurrency and commodity purchases using its internal cash resources, and will execute the strategy at its discretion based on market conditions.

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The investments will primarily include, but are not limited to, Bitcoin (BTC), Ethereum (ETH), gold, and silver. 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