Lianzhong surged over 47% in early trading, triggering a temporary suspension; affiliate company AGAE disclosed investments in BTC and increased holdings in ETH.
According to ChainCatcher, as announced by the Hong Kong Stock Exchange, the Hong Kong-listed company Ourgame International saw its stock price surge over 47% in early trading before a brief suspension, and trading has now resumed.
It is reported that the company previously disclosed that its Nasdaq-listed affiliate, Allied Gaming & Entertainment (AGAE), has invested in bitcoin and increased its holdings of ethereum. Furthermore, it has officially included cryptocurrencies in its balance sheet and plans to expand blockchain payment methods and develop its own RAW tokenization model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pi Network News: PI Price Jumps 4% as Team Announces Three-Day Developer Summit
These Alts Bleed the Most as Bitcoin (BTC) Settles Below $82K: Weekend Watch
New York Fed warns: Service sector input and sales prices surge, significant price pressure
A survey by the New York Federal Reserve shows that service sector input costs and prices in October rose sharply, while the business activity index fell to its lowest level since March. Businesses have turned pessimistic about the outlook, with increasing inflation and interest rate pressures.
Crypto prices
More
