- Huazhen Medical has officially announced a strategy to include Ethereum as a core reserve asset.
- The company stated it plans to regularly increase its Ethereum holdings through various means, including using its own funds and substituting inventory assets.
- Huazhen Medical’s stock price has reportedly risen by 376.11% compared to the start of the year.
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Huazhen Medical, a Hong Kong-listed company, officially announced on the 11th a strategy to include Ethereum (ETH) as a core reserve asset through its 'Global Enhanced Ethereum Fund with Downside Protection'.
According to the virtual asset (cryptocurrency) media outlet Odaily, the company plans to regularly increase its Ethereum holdings using its own funds, annual distributable profits, substitution of inventory assets, and continuous market fundraising, among other methods.
As of today, Huazhen Medical’s stock price has increased by 376.11% compared to the beginning of the year.
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