Hong Kong-based digital asset platform Amber Group made an addition to its portfolio by adding an artificial intelligence-focused altcoin.
According to on-chain analysis platform Lookonchain, Amber Group took action for the cryptocurrency Render (RNDR) focused on artificial intelligence.
The data revealed that the company purchased 99.998 RNDR worth 1.1 million dollars on March 27. The company had previously bought 1.07 million RNDR worth 1.1 million dollars at a cost of 4.68 million dollars. Amber, which has never sold so far, has made a total profit of 6.8 million dollars from this investment.
The company has invested in 17 different cryptocurrency projects so far, and all except two have yielded high profits. The total profit of Amber, which has not yet made any sales in these 17 altcoins, has exceeded 25 million dollars.
Among the altcoins held by Amber Group are RNDR, AGIX, GALA, QBT, SUPER, IMX, INJ, SAND, COTI, BEAM, JASMY, PYR, ARB, OP, ENJ, ILV, and LRC.
While the company has not made a profit from the SAND, ENJ, and LRC investments so far, the most profitable altcoins were RNDR, AGIX, and GALA.
