Hong Kong listed company Yuxing Technology: Recently sold approximately 6.3 million USDT and purchased 78.2 BTC

Foresight News reports that the Hong Kong listed company Yuxing Technology announced that it has conducted a series of transactions in the open market from July 25, 2024, to December 31, 2024, including: (i) purchasing approximately 78.2 units of Bitcoin at an average price of $80,960 per unit, for a total cost of about $6.3 million (excluding transaction costs); (ii) selling approximately 6.3 million units of USDT at an average price of $1 per unit, for a total value of about $6.3 million (excluding transaction costs). The USDT sold in this transaction were all used to convert into Bitcoin equivalent to the purchase amount of Bitcoin.