Success Global, a Hong Kong-listed company, agrees with the bitcoin reserve strategy and has lost 23.4 BTC due to FTX, which has yet to be compensated
According to Sing Tao Daily, Ma Haowen, vice chairperson of Success Global, a Hong Kong-listed company, disclosed that the company had suffered losses due to the collapse of FTX. Success Global spent 10.10 million yuan to buy 23.4 bitcoins in 2021, but the FTX, which closed down in 2022, has yet to be compensated. However, Ma Haowen said that he still agrees with the listed company's strategy of reserving bitcoins, but has not yet responded to whether it will buy bitcoins in the future, saying that there are currently regulations in Hong Kong to increase investor confidence.