PANews
PANews|Oct 21, 2025 03:59
[Delin Holdings Plans to Raise HK$956 Million Through Share Placement to Support Bitcoin Mining and Other Businesses] According to an announcement by the Hong Kong Stock Exchange, Delin Holdings has announced a placement of 255 million shares on a top-up basis, representing approximately 15.15% of the company's existing issued share capital and approximately 13.16% of the enlarged issued share capital. The shares are priced at HK$3.44, representing a discount of approximately 11.34% compared to the previous closing price. It is reported that Delin Holdings has entered into a subscription agreement with Evergreen Wealth Investment Limited to allot and issue up to 63.803 million new shares to them, with total net proceeds amounting to HK$956 million. The funds will be used to enhance Bitcoin mining and digital reserve businesses, as well as for development and investment purposes.
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