Global Token subsidiary sells Bitcoin and Ethereum for about 3.495 million yuan

Global Token (08192) announced that Zhongjie, an indirect wholly-owned subsidiary of the company, sold handheld Bitcoin and Ethereum separately on Thursday (5th), each of which sold 13.458 for 69500 ​​yuan, each Ether 1446 were sold for 1770 yuan, with a total consideration of about 3.495 million yuan.

As the cryptocurrency market declines, the company is actively seeking opportunities to sell cryptocurrency investments held by the group. After considering the current cryptocurrency market, the Directors consider that this is the appropriate time for the Group to realise its cryptocurrency investment. The directors intend to use the net proceeds from the disposal as general working capital and expect to recognize an unaudited profit of approximately 1.43 million yuan from the disposal.