PANews reported on September 2nd that Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group had purchased a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of US$44 million. The purchase was funded from the group's internal cash reserves, and the ETH purchased is listed as an investment asset in the group's financial statements.PANews reported on September 2nd that Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group had purchased a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of US$44 million. The purchase was funded from the group's internal cash reserves, and the ETH purchased is listed as an investment asset in the group's financial statements.
Yunfeng Financial: Purchased 10,000 ETH, with a total investment cost of US$44 million
PANews reported on September 2nd that Yunfeng Financial announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group had purchased a total of 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of US$44 million. The purchase was funded from the group's internal cash reserves, and the ETH purchased is listed as an investment asset in the group's financial statements.
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