[Lapco Holdings Plans to Invest HKD 24 Million in Cryptocurrency and Commodities]
According to documents from the Hong Kong Stock Exchange, the board of directors of Lapco Holdings (8472) has approved an investment of HKD 24 million over the next year to purchase cryptocurrencies and commodities through regulated and licensed platforms. The investment targets include Bitcoin (BTC), Ethereum (ETH), gold, and silver, with funds sourced from the company’s internal cash reserves. Lapco Holdings stated that execution will be flexible based on market conditions, with no guarantees on the specific timing, quantity, type, or price of transactions. The company also committed to adhering to GEM listing rules for relevant disclosures. This move is aimed at supporting the strategic development of its integrated online gaming services business.