Publicly Listed Company AMTD IDEA Announces Inclusion of Cryptocurrency in Liquid Asset Reserves, Prioritizing BTC, ETH, and USDT
According to a report by Jinse Finance, AMTD IDEA, a company listed on the New York Stock Exchange, has announced that it, along with its subsidiary AMTD Digital and its holding company The Generation Essentials Group, will include cryptocurrency in the liquidity reserves of all three companies. Currently, the combined liquidity reserves of these companies amount to approximately $240 million, consisting of bank cash as well as unsecured, unpledged, and liquid assets. The planned crypto asset portfolio will prioritize Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
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
Data: 527.22 BTC transferred out from a certain exchange, routed through intermediaries, and flowed into BlackRock.
Bit Digital: Held over 150,000 Ethereum as of the end of November, valued at approximately $460 million
US Prosecutors: Do Kwon Should Be Sentenced to 12 Years in Prison
