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Hong Kong listed company Sidera Global: Recognizes the BTC reserve strategy, previously suffered a loss of 23.4 BTC due to FTX and is still awaiting compensation.
Jinse Finance reported that according to Sing Tao Daily, Ma Haowen, the vice chairman of the Hong Kong-listed company Reality Global, revealed that the company had suffered losses due to the collapse of FTX. Reality Global spent 10.1 million yuan in 2021 to purchase 23.4 BTC, which was deposited in FTX, which collapsed in 2022 and is still awaiting compensation. However, Ma Haowen stated that he still approves of the listed company’s strategy of holding BTC in reserve, but did not respond to whether he will buy BTC again in the future, stating that increased regulation in Hong Kong is boosting investor confidence.