Bitcoin China 100% stake in the transfer: all 4 major shareholders cash back

Yang Linke, a shareholder of Bitcoin China, said that 100% of the shares of BTCC were transferred to an investment fund in Hong Kong. All four of the largest shareholders, including Li Qi Yuan, Guang Su Capital, Yang Linke and Huang Xiaoyu, all cleared shares.

It is reported that the deal did not reach tens of billions of dollars, the transaction data is not disclosed.

In addition, IT House had previously reported that BTCC was formally acquired by a Hong Kong blockchain investment fund, after which the BTCC said it would aggressively and actively develop its international market operations, including its BTCC pools.

It is understood that the BTCC pool was launched in October 2014 and was worth nearly $ 900 million in bitcoin in 2017. The company also introduced a digital asset wallet called Mobi that supports bitcoin, Litecoin, Ethereum and Bit cash and other transactions.