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Big Broadband announces Bitcoin reserves》Dafeng Electric (6184) surged to the limit within seconds this morning, is the BTC Coin Hoarding trend about to sweep the Taiwan stock market?
After the cable television operator Da Feng Electric (6184) announced last night that it will list Bitcoin as a long-term reserve asset, it happily hit the limit up this morning (14th), with the stock price reaching 56.1 yuan. (Background: Taiwan's first Bitcoin reserve company was born! Will Da Da Broadband / Da Feng Electric become Taiwan's version of MicroStrategy?) (Background supplement: Reports of deposit disasters in Taiwan's community, multiple exchanges have no response to withdrawals, and SNS calls to "refuse to use Taiwanese exchanges") Last night (13th) Taiwan time, the board of directors of the cable television operator Da Da Broadband / Da Feng Electric (6184) decided to include Bitcoin in its long-term reserve assets, marking the first time a listed company in Taiwan has incorporated Crypto Assets into its financial strategy. Although Da Feng Electric has not clearly stated the timing and quantity of Bitcoin purchases, as soon as the Taiwan stock market opened today (14th), Da Feng Electric (6184) happily hit the limit up, with the stock price reaching 56.1 yuan; if the stock price continues to rise, it can be expected that more Taiwanese listed companies will attempt to invest in Bitcoin, after all, the data showing MicroStrategy's purchase of BTC driving stock prices soaring is really too appealing... Transitioning from cash to Bitcoin Da Feng Electric on the 13th simultaneously established a "Digital Asset Committee," convened by director Dai Yonghui, gathering Risk Management, Legal, Cybersecurity, and Strategy teams, focusing on Fluctuation, Storage Security, and Information Disclosure rhythm. The company spokesperson emphasized: "Including Bitcoin as a long-term asset is an important step for us to embrace the wave of the digital economy." He also mentioned that the investment amount will be separated from daily operating funds to ensure that core businesses such as internet and bandwidth are not affected. Introduction to Da Feng Electric Da Feng Cable Television Co., Ltd. was established in March 1996 and listed on February 15, 2005. Its main business includes: Operating cable television systems in areas such as Banqiao, Tucheng, and Zhonghe in New Taipei City, later acquiring and expanding to become one of the largest CATV operators in New Taipei City. Providing content from analog and digital television channels, including public welfare, finance, entertainment, movies, news, cartoons, and sports. Designing, manufacturing, and maintaining television receivers and transmitters, and selling related set-top boxes, smart cards, equipment, and materials. Promoting broadband internet services, with multiple revenue sources such as channel leasing, advertising income, and fiber circuit leasing. Related reports: Tom Lee predicts Bitcoin will reach $250,000 by the end of the year; why is the market turning its attention to Bitcoin Hyper and other L2 projects? The rise of DAT Digital Vault: from holding Bitcoin to yield management. Chinese A-shares aunt calls for Crypto Assets: Bitcoin is digital gold, Ethereum is the Web3 leader, SOL is the leader in blockchain casinos. (Da Da Broadband announces Bitcoin reserves) Da Feng Electric ( 6184 ) hit the limit up this morning, is the BTC Coin Hoarding trend going to sweep the Taiwan stock market? This article was first published in BlockTempo, the most influential Blockchain news media.