XIAMEN,
China, Oct. 26, 2023 /PRNewswire/ -- October 26th, 2023, a wholly owned subsidiary of
Blue Hat Interactive Entertainment Technology Ltd. (Nasdaq:
BHAT), a Nasdaq listed company, signed a framework agreement
with Macau Rongxin Precious Metals Technology Ltd., to purchase
1000 kilograms of gold.
Mr. Weicheng Pan, Chief Operating
Officer (COO) at BHAT said "This represents a major step forward in
the jewelry (gems, semi-precious stones, precious stones, jade
etc.) and bulk commodity gold business for the company." He went on
to emphasize that gold is an excellent financial tool to hedge
against inflation, geopolitical turmoil, and macroeconomic
uncertainty, as gold reduces the yield risk. Gold also helps steady
revenue growth. "Going forward, gold will become a vital
aspect of BHAT's current commodity trade business."
CONTACT: Deanna
Liu, deannaliu@bluehatgroup.net
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SOURCE Blue Hat Interactive Entertainment Technology