Haotian International Construction Investment Group, listed on the Hong Kong Stock Exchange, has announced a strategic shift in its investment plans. The company will redirect approximately HK$35.75 million, initially earmarked for a data center project in Malaysia, to purchase Ethereum. This decision comes as the data center project faces suspension due to economic conditions and financial constraints. The board of directors expressed confidence in Ethereum's potential for appreciation and aims to finalize the acquisition within a month.
Haotian International Allocates HK$35.75 Million for Ethereum Purchase
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