First of all I want to give a big greeting to all hive friends and specially to the members of this wonderful community like Leo-Finance. I want to share with all of you this related post Huobi Exchange Token soars after selling its shares.
Every day that passes the cryptographic world teaches you strategies to consolidate an investment or energize the project that you may have stalled, which is why the price of HT after the sale of some shares of one of its founders to About Capital Management, reached more than 32% of its value.
This share price of Huobi Token (HT) rose in value from USD 4 to USD 5.3 in a very short time, i.e. less than a day, and has been consolidated since then, which presented a good business strategy of About Capital Management, who is a digital asset management company and became after this purchase the majority shareholder.
No doubt that this deal marks a new page for this Exchange after its exit from the Chinese market since 2021 and for About Capital it will be one of the most significant transactions for the industry this year, looking for a boost in the challenging market we currently have but with the belief that this acquisition will be very beneficial and will expand Huobi Global and About Capital.
This alliance undoubtedly forms a new board of directors and with the advice of Justin Sun, which represents transcendental decisions for the consolidation of this new beginning for Huobi Global and its digital services industry.