OSL Daily Update - January 6, 2021
$BTC 24 Hour High $36,361
$BTC 24 Hour Low $30,893
More exciting news for OSL parent company, BC Technology Group (HKSE 863)
We kick things off with another milestone to share for OSL and our parent company, BC Technology Group. Our Hong Kong listed (863) parent has entered into an agreement to raise HK$697M (~US$90M) through a top up share placement, with Morgan Stanley as our placement agent. The investment into the Group will allow OSL to invest in tools to reach more institutional customers around the globe while also continuing to scale our SaaS solution. You can read the full announcement here.
Digital assets market:
This excitement was coupled with $BTC minting another ATH, first breaking 35K and broaching 36K levels at its peak in midday Asia trading hours. Riding the momentum $ETH has also swung back up above the 1100 mark. Market cap has reached above 970B, up 14% as it narrows in on 1 trillion, with the league table a wash with green price movers.
OSL Trader View and Weekend Digest are contributed by Stefan Chu and Santiago Nazaretti
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