Hengyue Holdings Doubles Bitcoin Reserves and Launches Prepaid Card

Hengyue Holdings, listed on the Hong Kong Stock Exchange, has significantly increased its Bitcoin holdings by purchasing 6.12 bitcoins for HKD 5.24 million. This brings their total Bitcoin reserves to a sizable 35.6 bitcoins. The company is also taking steps to expand their reach in the crypto space with plans to launch a prepaid bitcoin card and introduce new prepaid products tailored to selected Asian markets via partnerships with local distributors.