Delin Holdings: plans to acquire 2,200 Bitcoin mining machines for US$21.8526 million
Source: PANews
Time: 2025-09-16 10:00:38
PANews reported on September 16 that according to Zhitong Finance, Delin Holdings (01709.HK) issued an announcement that on September 15, 2025 (after the trading period), the company entered into a clause list with Fortune Peak, which includes the acquisition of 2,200 S21XP HYD Bitcoin mining machines at a cost of US$21.8526 million, with a total computing power of approximately 1.0406 million TH/s. The consideration will be paid on the issuance of the following: (i) convertible bonds with a principal amount of US$21.8526 million (HKD equivalent); (ii) 40 million warrants; and (iii) 13.4425 million profitable shares issued by the Company upon the meeting of profit conditions.