Zhihong Technology (8932) has shown strong stock performance, completing the rights issue and dividend distribution in just two trading days, with its market capitalization surpassing FamilyMart, becoming the new focus of the Capital Market. The market generally believes that the driving force behind this is Zhihong's “Bitcoin Capital Strategy” launched on August 8.
Zhitong is strategically investing in SORA (Asia strategy) through the subscription of convertible bonds of international Web3 companies, laying out a Bitcoin capital effect in a defensive and offensive manner: on the upside, it can participate in the appreciation of equity conversion, while on the downside, it has debt protection and enjoys fixed interest. This is also the first listed company in Taiwan to adopt a Bitcoin capital strategy, which is regarded by the market as the “Taiwan New Era Strategy.”
Investors are optimistic that Zhitong will open a new chapter in valuation reassessment through its “Bitcoin strategy + financial technology” dual engines.
This article discusses how Zhihong filled the rights and interests in two days, with a market capitalization surpassing FamilyMart. It first appeared on Chain News ABMedia.
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