HK Asia Holdings further invests in Bitcoin with new acquisition

HK Asia Holdings Limited announced it has made a further purchase of approximately 10 units of Bitcoin on April 11, 2025, for a total consideration of HKD 6,267,843 (USD 806,671.39). This "Further Bitcoin Acquisition," when combined with previous acquisitions, brings the company's total Bitcoin holdings to roughly 28.88 units, with an aggregate consideration of approximately HKD 19,633,479.46 (USD 2,526,828.81). The company said the Bitcoin acquisition is part of its asset allocation strategy. The Board believes that there is still room for cryptocurrencies to appreciate in value. The acquisition constitutes a discloseable transaction under the Hong Kong Listing Rules, with the applicable percentage ratios exceeding 5% but remaining below 25%.