Core Insights - The company Bit Strategy (06113) has recently been investigated by the Hong Kong Securities and Futures Commission regarding its shareholding distribution [1] Shareholding Structure - As of September 30, 2025, sixteen shareholders collectively hold 72.71 million shares, representing 18.18% of the company's issued share capital [1] - The two main shareholders own 300 million shares, accounting for 75.00% of the issued shares, leading to a total of 93.18% of the company's shares being held by a small number of shareholders [1] - Only 27.29 million shares, or 6.82% of the issued share capital, are held by other shareholders [1] Stock Price Performance - The company's stock price increased by 270% from HKD 1.40 on March 7, 2025, to HKD 5.18 on September 30, 2025 [1] - On October 14, 2025, the stock closed at HKD 4.17, which is 198% higher than the closing price of HKD 1.40 on March 7, 2025 [1] Market Implications - Due to the high concentration of shareholding among a few shareholders, even minor transactions can lead to significant price fluctuations, necessitating caution for shareholders and potential investors when trading the company's shares [1]
港证监：比特策略股权高度集中