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Yunfeng Financial: Purchases 10,000 ETH with Total Investment Cost of $44 Million
Summary: According to Jinshi's report, Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as reserve assets. As of the announcement date, the group has accumulated a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of $44 million. ...
According to Jinshi's report, Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as reserve assets. As of the announcement date, the group has accumulated a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of $44 million. The funds for this purchase come from the group's internal cash reserves, and the purchased ETH is classified as investment assets in the group's financial statements.
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Link: Yunfeng Financial: Purchases 10,000 ETH with Total Investment Cost of $44 Million [Copy]