China Real Estate Investment plans to purchase digital assets such as BNB using its own funds.

2025-12-262025-12-24 by admin

PANews reported on December 24 that China Properties Investment Holdings Limited, a Hong Kong-listed company, announced it will use its own funds to purchase and hold BNB (Binance Coin) and other suitable digital assets in batches on the open market as strategic reserve assets. The company stated that the plan will not affect its daily operations, and the funds will come from its existing capital.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .