New Fire Technology has announced the acquisition of the investment team and trading system from Avenir Group, a family office led by Li Lin, for $1.6 million. This strategic move will enable New Fire Technology to launch Alpha BTC, a Bitcoin-denominated asset management service. Alpha BTC aims to attract investments exceeding 10,000 BTC, approximately $760 million, within a year. The service will focus on generating returns through derivatives trading, including options, using Bitcoin or IBIT ETF as underlying assets. The target clientele includes crypto-native investors and local enterprises in Hong Kong. As of late 2025, Avenir Group held significant investments in BlackRock’s iShares Bitcoin Trust, valued at $9.08 billion.