According to online reports, Hong Kong-listed company Hong Kong-Asia Holdings (1723.HK) announced new appointments to a series of board and executive positions, including directors, chairman, CEO, chief financial officer and chief information officer. New CEO John Riggins said the company's comprehensive change of directors is over and Asia's most important market is about to usher in big things. The announcement shows that the new CEO John Riggins graduated from the University of Alabama in 2013 with a bachelor's degree in business administration, majoring in international economics and minor in Chinese. Riggins has more than 10 years of experience in the cryptocurrency industry, is a founding partner of the UTXO Bitcoin Ecosystem Fund, and has also served as a member of BTC Inc. since February 2016. (publisher of Bitcoin Magazine and organizer of the annual Bitcoin Conference). In January 2025, UTXO Management cooperated with Sora Ventures and others to acquire a majority stake (70.26%) of Hong Kong-listed company Hong Kong Asia Holdings. Hong Kong Asia Holdings purchased a total of 1 Bitcoin on the open market on February 13 and allocated it with the group's internal resources.