BC Technology Group issued an announcement stating that it noticed abnormal changes in the company's share price and trading volume today. Having made reasonable inquiries about the Company in the relevant circumstances, the Board confirmed that it was not aware of any cause for the unusual change.
The board of directors also noted that Bloomberg published a news report about the company on the Internet on October 16, 2023, claiming that BC Technology Group was considering selling the virtual asset trading platform OSL business. The Board of Directors would like to clarify that the content and statements in the report are inconsistent with the facts and are extremely misleading.
Earlier news, according to Bloomberg, citing people familiar with the matter, Hong Kong BC Technology Group plans to sell its digital asset platform OSL at a valuation of HK$1 billion.