MOON INC: Further purchased approximately 0.6 units of Bitcoin at a total cost of approximately HKD 533,000
On October 28, 2025, MOON INC announced the further purchase of approximately 0.6 units of Bitcoin at a total cost of approximately HKD 533,000 (approximately USD 68,000). This purchase was made in cash, funded by the group's available cash reserves, aimed at supporting its prepaid Bitcoin card business and building Bitcoin inventory to facilitate sales and recharge services. The purchased Bitcoin will be managed as operational inventory and disclosed separately in the financial statements
According to the announcement from MOON INC (01723), on October 28, 2025 (after trading hours), the group further purchased approximately 0.6 units of Bitcoin in the open market, at a total cost of approximately HKD 533,000 (equivalent to about USD 68,000). The cost of the further Bitcoin purchase was paid in cash and determined based on the buying and selling prices of Bitcoin in the open market, with the funding for the further Bitcoin purchase coming entirely from the group's available cash reserves. The settlement of the further Bitcoin purchase will occur immediately after the completion of each respective purchase order.
To support the company's strategic initiative to expand its prepaid Bitcoin card business, the further Bitcoin purchase aims to assist in building a Bitcoin inventory to facilitate the sales of prepaid Bitcoin cards and the recharge services for such Bitcoin cards, thereby ensuring that the prepaid Bitcoin card business has stable liquidity, efficient settlement capabilities, and continuous service assurance. The group maintains Bitcoin operational reserves to promptly meet customer demands and shorten fulfillment times.
The Bitcoin inventory is distinct from the digital assets held by the company, which are part of the group's asset allocation strategy aimed at achieving portfolio diversification, hedging against the depreciation of fiat currency, and continuing to support broader asset allocation objectives. Unlike treasury digital assets, the purchased Bitcoin inventory will be recorded as operational inventory using specialized accounting treatment and managed through dedicated control measures for daily customer service. The company will separately disclose operational inventory and treasury digital assets in its financial statements
