Why amtd Is Trending Today?

AMTD IDEA Group and its affiliate, AMTD Digital, have announced a strategic move to allocate a portion of their $240 million corporate treasury to Bitcoin. This decision, pioneered by AMTD, marks a significant shift in institutional investment towards cryptocurrencies. The group aims to integrate cryptocurrencies into their liquid funds strategy, providing institutional-grade exposure to digital assets through AInvest. This latest move by AMTD Digital, listed on the New York Stock Exchange under the ticker HKD, further solidifies the company's strategic leap into the digital assets space.