Blue Hat Interactive (NASDAQ: BHAT), through its wholly owned subsidiary, has signed a framework agreement with Macau Rongxin Precious Metals Technology Ltd. According to the announcement, the agreement outlines plans to purchase 1,000 kilograms of gold. The company noted that gold is a well-recognized, time-tested financial approach to hedge against inflation, geopolitical turmoil and macroeconomic uncertainty because the precious metal historically has reduced yield risk. The metal also helps steady revenue growth. “This represents a major step forward in the jewelry (gems, semiprecious stones, precious stones, jade, etc.) and bulk commodity gold business for the company,” said Blue Hat Interactive chief operating officer Weicheng Pan in the press release. “Going forward, gold will become a vital aspect of BHAT’s current commodity trade business.”
To view the full press release, visit https://ibn.fm/KEXn2
About Blue Hat Interactive Entertainment Technology
Blue Hat is developing a commodity trading with artificial intelligence analysis focus.
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
