- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
HaoTian International plans to reallocate the remaining 3.575 billion Hong Kong dollars of the placement funds to Ethereum, with the expectation to fully utilize it within one month.
BlockBeats News, September 3rd - Hong Kong-listed company Haotian International released an announcement. Previously, through a special authorization, it conducted a placement of new shares, raising a net amount of approximately 492.5 million Hong Kong dollars. The original plan was as follows:
72.66% for the development of an Internet data center on Malaysian land
15.68% for general working capital
11.66% for loan repayment
Utilization of Funds: As of the announcement date, approximately 135 million Hong Kong dollars had been used for operations and loan repayment. The remaining 357.5 million Hong Kong dollars, originally planned for the Internet data center development, have not been used yet. The board of directors decided: On September 3, 2025, it was decided to change the remaining funds' purpose to purchase the cryptocurrency Ethereum, with the expectation of fully utilizing it within one month.
You may also like
Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Is the income of pump.fun real, earning a million dollars a day despite the market downturn?
The real reason why tokens are not selling: 90% of crypto projects neglect investor relations
Who is the true winner of the "Tokenization" narrative?
Moss: The Era of AI-Traded by Anyone | Project Introduction
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
App