Obscure Hong Kong shell company goes 100% all-in on BlackRock’s IBIT spot Bitcoin ETF. Silently built a $436 million Bitcoin position. Is this Beijing’s clever end-run around its own strict crypto prohibition—gaining exposure without ever officially touching BTC?
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Obscure Hong Kong shell company goes 100% all-in on BlackRock’s IBIT spot Bitcoin ETF.
Silently built a $436 million Bitcoin position.
Is this Beijing’s clever end-run around its own strict crypto prohibition—gaining exposure without ever officially touching BTC?