Shide Global, a Hong Kong-listed company, agrees with the Bitcoin reserve strategy and has lost 23.4 BTC due to FTX and is still pending compensation
According to online reports, according to Sing Tao Daily, Ma Haowen, vice chairman of Hong Kong-listed company Shide Global, disclosed that the company had suffered losses due to the collapse of FTX. Shide Global spent 10.1 million yuan to purchase 23.4 bitcoins in 2021, but it was deposited in FTX, which closed down in 2022, has yet to be compensated. However, Ma Haowen said that he still agrees with the strategy of listed companies to reserve bitcoin, but has not responded yet on whether he will buy bitcoin again in the future, saying that Hong Kong currently has regulations that increase investor confidence.
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