According to the Hong Kong Stock Exchange documents, the Hong Kong-listed company BTC Universe announced the completion of the placement of new shares under the general mandate, and the conditions set out in the placement agreement were reached on March 26. A total of 36,504,000 placement shares were sold to not less than six placements at HK $0.41 per placement share. The net proceeds from the placement were approximately HK $14.60 million, which will be used to apply for the relevant licenses required to operate the virtual asset trading platform.