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Yunfeng Financial: Purchased 10,000 ETH, with a total investment cost of US$44 million
7hours ago

Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group has purchased a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of US$44 million. The purchase was funded from the group's internal cash reserves, and the ETH purchased is included as an investment asset in the group's financial statements. (Jinshi)