The Hong Kong-listed company Guofu Innovation has purchased 36 million Hong Kong dollars worth of Bitcoin this year

ChainCatcher message, Guofu Innovation announced that the board has approved the company to further increase its investment quota in cryptocurrency and virtual asset funds. The company has conducted a series of transactions in the open market from March 2024 to August 2024 to purchase Bitcoin worth approximately HKD 36 million (excluding transaction costs). The aforementioned Bitcoin purchases are funded by the proceeds from the group's fundraising activities and internal resources.

On the other hand, the group has been actively investing in the Web 3.0 field, seeking and investing in Web 3.0 projects and startups that have the potential to disrupt traditional industries and possess growth prospects, exploring the application prospects of Web 3.0 in financial technology. As an important component in building the Web 3.0 internet ecosystem and a circulating token based on blockchain technology, cryptocurrency will be a significant foundation for the group’s active involvement in the Web 3.0 field. The group will also actively empower the construction of its business growth curve in the Web 3.0 field through the purchase and holding of cryptocurrencies.