Walnut Capital Holds Crypto Donation for Appreciation
- Meng Pinwen donates digital assets to Walnut Capital subsidiary.
- Donated assets to be held as intangible assets.
- Transaction aligns with crypto market strategies.
Meng Pinwen, Executive Director of Walnut Capital Ltd., donated cryptocurrency to a subsidiary on May 30, 2025.
The donation boosts Walnut Capital’s digital asset holdings, reflecting broader corporate strategy trends.
Walnut Receives 10 BTC and 5.8 Billion FOFO Tokens
Meng Pinwen donated 10 BTC, 170 million AFG, and 5.8 billion FOFO tokens via a deed of gift. Walnut Capital will hold these as intangible assets.
“The Gift will be held by the Group for capital appreciation and thus will be treated as intangible assets in the Company’s financial statements.” – HKEX Announcement
The transaction boosts Walnut’s treasury, echoing corporate strategies leveraging cryptocurrency for future capital gains potential.
Donation Fortifies Walnut’s Digital Market Presence
The donation included significant amounts of cryptocurrency, which strengthens Walnut Capital’s position in the digital asset market. MicroStrategy is a notable example of a company holding cryptocurrency as part of its strategy.
No major reactions from regulators or industry figures have been recorded, suggesting initial tranquility in market response.
Walnut’s Method Stands Out in Hong Kong
Comparatively, few listed companies in Hong Kong have received direct cryptocurrency donations in this manner, making Walnut’s method noteworthy.
Analysts suggest holding cryptocurrency aligns with inflation-hedge strategies, potentially mirroring moves by companies like MicroStrategy.
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