Odaily Planet Daily News Guofu Innovation (00290) issued an announcement stating that the board of directors has approved the company to further increase its investment in cryptocurrencies and virtual asset funds, and the company has conducted a series of transactions in the open market from March 2024 to August 2024 to purchase Bitcoin (BTC) with a total value of approximately HK$36 million (excluding transaction costs) (purchase of Bitcoin). The above purchase of Bitcoin was funded by the proceeds of the group's fundraising activities and internal resources. On the other hand, the group has been actively investing in the Web 3.0 field, looking for and investing in Web 3.0 projects and start-ups that can subvert traditional industries and have development prospects, and exploring the application prospects of Web 3.0 in financial technology. Cryptocurrency, as an important part of building the Web 3.0 Internet ecosystem and a circulating token based on blockchain technology, will be an important foundation for the group to actively intervene in the Web 3.0 field. The group will also actively empower the construction of the group's business growth curve in the Web 3.0 field by purchasing and holding cryptocurrencies. (Zhitong Finance)