Hong Asia Holdings announced the completion of its first Bitcoin asset allocation, officially launching its Bitcoin strategy.

BlockBeats News, February 16th, HongYa Holdings announced on the Hong Kong Stock Exchange that on February 13, 2025, HongYa Holdings Group purchased a total of 1 unit of Bitcoin on a cryptocurrency exchange in the open market, with a total cost of approximately $96,150 (equivalent to approximately 750,000 Hong Kong dollars), funded with the group's internal resources.

HongYa Holdings Limited announced the completion of its first Bitcoin asset allocation, officially launching its Bitcoin strategy. This marks the start of a strategic transformation for the company following the acquisition of UTXO Management. UTXO Management is a subsidiary of the Bitcoin media giant Bitcoin Magazine's parent company BTC Inc., which previously successfully acquired the Japanese publicly listed company Metaplanet and led the implementation of its Bitcoin strategy, making it the best-performing stock in the global capital markets in 2024.

According to public information, HongYa Holdings Limited recently added four new members to its board of directors, including BTC Inc. founder David Bailey and founding partner John Riggins, further demonstrating its strategic intent to deepen its market presence in Asia. At the same time, the company also revealed its intention to change its name to "Moon Inc."