Hong Kong Asia Holdings Limited has entered the Bitcoin market by purchasing one unit of Bitcoin for approximately $96,150. This move follows the company's acquisition by UTXO Management and marks the start of its Bitcoin-focused investment strategy. UTXO Management, known for its successful Bitcoin strategy at the Japanese-listed firm Metaplanet, aims to capitalize on Bitcoin's growing institutional adoption. To further expand into the Asian market, the company has appointed four new board members, including BTC Inc. founders David Bailey and John Riggins. The company also plans to rebrand as "Moon Inc." in line with its new strategic direction.



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