FilingReader Intelligence
Moon Inc makes HK$19.6m bitcoin bet amid profit plunge
July 30, 2025 at 05:05 PM UTC•By FilingReader AI
Moon Inc (formerly HK Asia Holdings Limited) invested HK$19.6 million in bitcoin, acquiring 28.88 units by June 30, 2025, following its May renaming and leadership changes.
The company's revenue fell 24.9% to HK$189.6 million while profit plunged 87.8% to HK$1.8 million. Moon Inc also raised HK$33.3 million through convertible notes to fund working capital and further cryptocurrency investments.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:1723•Hong Kong Exchange
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