STOCK TITAN

Eason Technology Plans to Purchase Bitcoin to Accelerate R&D of Digital Asset Security Products

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Eason Technology (NYSE American: DXF) has announced plans to allocate up to $150,000 for purchasing Bitcoin to support the research and development of their digital asset security products. The initiative focuses on developing consumer-grade security solutions for global users.

CEO Stanley emphasized that the Bitcoin purchase is strictly for product R&D purposes, stating that the company has no immediate plans to include digital assets in its investment portfolio. The company's primary focus remains on its core business operations and the advancement of blockchain technology security product development.

Eason Technology (NYSE American: DXF) ha annunciato piani per destinare fino a 150.000 dollari all'acquisto di Bitcoin per supportare la ricerca e lo sviluppo dei propri prodotti di sicurezza per asset digitali. L'iniziativa si concentra sullo sviluppo di soluzioni di sicurezza di livello consumer per utenti globali.

Il CEO Stanley ha sottolineato che l'acquisto di Bitcoin è strettamente finalizzato alla ricerca e sviluppo dei prodotti, affermando che l'azienda non ha piani immediati per includere asset digitali nel proprio portafoglio di investimenti. L'attenzione principale dell'azienda rimane sulle operazioni commerciali core e sul progresso nello sviluppo dei prodotti di sicurezza della tecnologia blockchain.

Eason Technology (NYSE American: DXF) ha anunciado planes para destinar hasta 150,000 dólares a la compra de Bitcoin para apoyar la investigación y el desarrollo de sus productos de seguridad de activos digitales. La iniciativa se centra en el desarrollo de soluciones de seguridad de nivel consumidor para usuarios globales.

El CEO Stanley enfatizó que la compra de Bitcoin es estrictamente para fines de I+D de productos, afirmando que la empresa no tiene planes inmediatos de incluir activos digitales en su cartera de inversiones. El enfoque principal de la empresa sigue siendo sus operaciones comerciales fundamentales y el avance en el desarrollo de productos de seguridad de la tecnología blockchain.

이슨 테크놀로지 (NYSE American: DXF)는 디지털 자산 보안 제품의 연구 및 개발을 지원하기 위해 최대 150,000달러를 비트코인 구매에 할당할 계획을 발표했습니다. 이 이니셔티브는 전 세계 사용자들을 위한 소비자 수준의 보안 솔루션 개발에 중점을 두고 있습니다.

CEO 스탠리는 비트코인 구매가 제품 연구 및 개발 목적에만 국한되어 있다고 강조하며, 회사가 디지털 자산을 투자 포트폴리오에 포함할 즉각적인 계획이 없다고 밝혔습니다. 회사의 주요 초점은 핵심 비즈니스 운영과 블록체인 기술 보안 제품 개발의 진전에 여전히 있습니다.

Eason Technology (NYSE American: DXF) a annoncé des plans pour allouer jusqu'à 150 000 dollars à l'achat de Bitcoin afin de soutenir la recherche et le développement de ses produits de sécurité pour actifs numériques. L'initiative se concentre sur le développement de solutions de sécurité de niveau consommateur pour les utilisateurs du monde entier.

Le PDG Stanley a souligné que l'achat de Bitcoin est strictement destiné à des fins de recherche et développement de produits, affirmant que l'entreprise n'a pas de plans immédiats pour inclure des actifs numériques dans son portefeuille d'investissement. L'accent principal de l'entreprise reste sur ses opérations commerciales fondamentales et l'avancement du développement des produits de sécurité de la technologie blockchain.

Eason Technology (NYSE American: DXF) hat Pläne angekündigt, bis zu 150.000 US-Dollar für den Kauf von Bitcoin bereitzustellen, um die Forschung und Entwicklung ihrer Sicherheitsprodukte für digitale Vermögenswerte zu unterstützen. Die Initiative konzentriert sich auf die Entwicklung von Sicherheitslösungen für Verbraucher für globale Nutzer.

CEO Stanley betonte, dass der Bitcoin-Kauf ausschließlich für Forschungs- und Entwicklungszwecke der Produkte gedacht ist und dass das Unternehmen keine unmittelbaren Pläne hat, digitale Vermögenswerte in sein Investitionsportfolio aufzunehmen. Der Hauptfokus des Unternehmens bleibt auf seinen Kernbetriebsabläufen und dem Fortschritt in der Entwicklung von Sicherheitsprodukten für Blockchain-Technologie.

Positive
  • Investing $150,000 in R&D for digital asset security products
  • Strategic expansion into blockchain security technology
  • Development of consumer-grade security products for global market
Negative
  • capital allocation of only $150,000 for Bitcoin purchase
  • No immediate plans for digital asset portfolio diversification

HONG KONG, Feb. 28, 2025 /PRNewswire/ -- Eason Technology Limited ("Eason" or the "Company") (NYSE American: DXF), a company engaged in real estate operation management and investment, and digital technology security business, today announced a program to call upon up to $150000 to purchase bitcoin, Accelerating R&D of Digital Asset Security Product, which is a consumer-grade security product for the global user.

Eason's CEO Stanley commented, "The purchase of digital assets is only for the purpose of product research and development, considering the current development of the company, the company has no plans to include digital assets in the asset portfolio for the time being. The company's focus on the main business, the rapid promotion of blockchain technology security product development, will be the company's most important self-investment plan. The company firmly believes in the technological path of the digital and blockchain world based on Bitcoin and Ethereum and is willing to be an important infrastructure part of it."

About Eason Technology Limited

Eason Technology Limited is a company engaged in real estate operation management and investment and digital technology security business in Hong Kong, China.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Cision View original content:https://www.prnewswire.com/news-releases/eason-technology-plans-to-purchase-bitcoin-to-accelerate-rd-of-digital-asset-security-products-302388654.html

SOURCE Eason Technology Limited

FAQ

How much is Eason Technology (DXF) planning to spend on Bitcoin purchases?

Eason Technology plans to allocate up to $150,000 for Bitcoin purchases.

What is the purpose of DXF's Bitcoin purchase program?

The Bitcoin purchase is specifically for research and development of digital asset security products, not for investment purposes.

Will DXF include digital assets in its investment portfolio?

No, the company has stated it has no plans to include digital assets in its investment portfolio for the time being.

What is the main focus of Eason Technology's (DXF) development strategy?

The company's main focus is on core business operations and accelerating blockchain technology security product development.

Eason Technology

NYSE:DXF

DXF Rankings

DXF Latest News

DXF Stock Data

2.06M
224.88k
Consumer Lending
Finance and Insurance
Link