LINEKONG 计划最多购买 600 万美元的加密货币。
LINEKONG plans to purchase up to $6 million worth of cryptocurrency. Since the approval of the purchase authorization on November 22, 2023, the value of the cryptocurrency has skyrocketed, leading to the revision of the purchase authorization to $6 million. The board of directors of LINEKONG believes that the revised purchase authorization provides flexibility to seize fleeting opportunities. The other terms of the purchase authorization will remain unchanged.
Zhitong App News: LINEKONG (08267) announced that, according to the purchase authorization, the board of directors has been authorized and empowered to purchase cryptocurrencies in the open market for a maximum amount of up to $5 million. Cryptocurrencies are typically highly volatile and are subject to sudden and significant price fluctuations. Since the approval of the purchase authorization on November 22, 2023, the value of cryptocurrencies has skyrocketed, which has resulted in the purchase authorization not achieving the expected target and limiting the potential increase in shareholder value. In view of these circumstances, the company believes it is necessary to revise the maximum amount to $6 million in order to purchase cryptocurrencies in the open market, and further revise the upper limit of the unit price of Bitcoin and Ethereum to not exceed 10% of the market price. The board of directors believes that revising the purchase authorization will provide the board with the flexibility to seize fleeting opportunities. The other terms of the purchase authorization will remain unchanged.