Significant proportion of cash25 Jun 2025 07:49
Tone Goh, Chairman of GST, commented: "We continue to make significant progress with the Group's GS Money strategy, including the advancement of the Bake Cryptocurrency Platform acquired at the beginning of the year. Holding a significant proportion of the Company's cash resources in Bitcoin makes perfect sense given the Group's operations and the services it is providing to its clients. We are excited about the potential for Bitcoin to enhance shareholder value while reinforcing our leadership in the digital asset space."