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, with 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, with a total value of about $6.3 million (excluding transaction costs), and the USDT sold in this transaction was used to convert into an equivalent amount of Bitcoin for the purchase mentioned in item (i).