CoinVoice has recently learned that the Hong Kong-listed company Yu Xing Technology announced that it has conducted a series of transactions in the open market from July 25, 2024, to December 31, 2024.

Including:

(i) Purchased approximately 78.2 units of Bitcoin, with an average price of $80,960 per unit, for a total cost of approximately $6.3 million (excluding transaction costs).

(ii) Sold approximately 6.3 million units of USDT, with an average price of $1 per unit, for a total value of approximately $6.3 million (excluding transaction costs). The USDT sold in this transaction were all used to convert into Bitcoin equivalent to the Bitcoin purchase in item (i). [Original link]