Yunfeng Financial has purchased 10,000 ETH on the open market, with a total investment cost of $44 million.
ChainCatcher News, according to Golden Ten Data, Yunfeng Financial Group 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 the announcement, the group has cumulatively purchased 10,000 ETH on the open market, with a total investment cost (including fees and expenses) of 44 million US dollars. The funds for this purchase came from the group's internal cash reserves, and the acquired ETH is listed as an investment asset in the group's financial statements.
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