Airnet Technology Invests $90 Million in Bitcoin, Signaling Growing Crypto Interest from China

Chinese internet firm Airnet Technology has made a significant move into the cryptocurrency market by purchasing 819 Bitcoin worth $90 million. This investment comes as part of a recent $180 million capital raise, highlighting a strategic shift towards digital assets. The purchase signifies a growing interest from Chinese companies in the global crypto economy, despite regulatory pressures. This bold decision follows Airnet’s successful capital raising and demonstrates their confidence in Bitcoin’s future.