Glonghui November 29 | Liberal Arts Interactive (00434.HK) announced that from November 19, 2024 to November 28, 2024, the group carried out a series of transactions, using 14,200 ETH in exchange for approximately 515 BTC. The total market value of using ETH to buy BTC during this period was approximately $49.48 million (not including transaction fees). The relevant exchange was carried out on the open market.
The original purchase cost of ETH used in this BTC exchange was about 39.45 million US dollars (calculated based on the Group's average purchase price of $2,777 per coin, using a total consumption of 14,200 coins (not including transaction fees)).
After the completion of this batch of exchanges, the Group held a total of about 3,183 BTC on the date of this announcement, with an average holding cost of approximately US$57,724 each.
