Enterprise Development Holdings Announces Cryptocurrency Acquisition Authorization

According to BlockBeats, on January 29, Enterprise Development Holdings Limited, a company listed on the Hong Kong Stock Exchange, announced a resolution regarding the authorization for potential cryptocurrency acquisitions. The resolution, approved by shareholders at a special general meeting, grants the board the authority to purchase cryptocurrencies from the open market over the next 12 months. The total acquisition amount is capped at $48 million and includes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Dogecoin.