Financial News

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Gold-Supply Space with Execution of $66.49M Gold Acquisition

Blue Hat Interactive (NASDAQ: BHAT), a company expanding its business to commodity trading and aiming to become a leading intelligent commodity trader worldwide, has officially launched its gold-supply business with the execution of a 1,000-kilogram gold delivery, valued at $66.49 million. According to the announcement, the delivery follows last year’s signing of a framework agreement with Macau Rongxin Precious Metals Technology Co. Ltd. and will enhance the company’s financial flexibility, leading to further growth and expansion within the precious metals market. BHAT anticipates providing the gold to refineries, wholesalers and retailers, thus generating revenue and establishing a strong presence in the gold sector.

“The completion of this significant gold delivery represents a crucial advancement for BHAT in the bulk commodity trading sector,” said Blue Hat Interactive CEO Chen Xiaodong in the press release. “This milestone not only underscores our commitment to expanding our presence in the international market but also strengthens our financial position. We anticipate that this success will drive further growth and unlock additional opportunities for the company.”

To view the full press release, visit https://ibn.fm/BEaxt

About Blue Hat Interactive Entertainment Technology

Blue Hat was formerly a provider of communication services and IDC business, as well as a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information about the company, please visit https://IR.BlueHatGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
Editor@InvestorWire.com

InvestorWire is powered by IBN

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback