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Walnut Capital Bolsters Reserves with Cryptocurrency Donation
Company Announcements

Walnut Capital Bolsters Reserves with Cryptocurrency Donation

Story Highlights
  • Walnut Capital Limited received 400 million Aki Network tokens from Mr. Alan Mung.
  • The company plans to hold the tokens as intangible assets for future capital appreciation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Walnut Capital Limited ( (HK:0905) ) has shared an update.

Walnut Capital Limited has announced a significant donation of 400,000,000 Aki Network tokens by Mr. Alan Mung, a controlling shareholder, to its wholly-owned subsidiary, Full Long Holdings Limited. The company plans to hold these tokens as intangible assets for capital appreciation, reflecting a strategic move to strengthen its financial reserves without immediate income recognition.

More about Walnut Capital Limited

Walnut Capital Limited, incorporated in the Cayman Islands and continued in Bermuda, operates within the financial sector. The company, through its subsidiaries, is engaged in investment and asset management, focusing on capital appreciation through diversified holdings.

YTD Price Performance: 2.99%

Average Trading Volume: 613,250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$336.2M

Find detailed analytics on 0905 stock on TipRanks’ Stock Analysis page.

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