Yunfeng Financial purchased 10,000 ETH in the open market at a total investment cost of $44 million
2025-09-02 12:22:19
Yunfeng Financial announced that the board of directors of the company has approved the purchase of ETH as a reserve asset in the open market. As of the date of the announcement, the group has purchased a total of 10,000 ETH in the open market, with a total investment cost (including fees and expenses) of 44 million US dollars. The purchase funds are from the group's internal cash reserves, and the purchased ETH is listed as an investment asset in the group's financial statements.
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