Core Viewpoint - International Commercial Settlement (00147) shares rose over 15% following the announcement of a potential acquisition of SAI US INC, a company engaged in Bitcoin mining operations in the U.S. [1] Group 1: Acquisition Details - On October 22, International Commercial Settlement announced a non-binding letter of intent for the acquisition of 100% of the issued shares of SAI US INC by its joint venture Keen Golden Limited [1] - SAI US INC primarily operates a 5 megawatt Bitcoin mining facility and holds relevant operational licenses [1] Group 2: Strategic Implications - The board views the potential acquisition as a significant milestone for expanding Bitcoin mining capacity [1] - The acquisition is expected to optimize mining operations, including hardware selection, site hosting, energy management, and real-time software, enhancing operational efficiency and competitiveness in Bitcoin mining [1] - This move aligns with the company's strategy for growth in the fintech sector, diversifying business sources and creating long-term value for shareholders [1]

Core Viewpoint - International Commercial Settlement (00147) shares rose over 15% following the announcement of a potential acquisition of SAI US INC, a company engaged in Bitcoin mining operations in the U.S. [1] Company Summary - On October 22, International Commercial Settlement announced that its 70% owned joint venture, Keen Golden Limited, signed a non-binding letter of intent with SAITECH Limited for a potential acquisition [1] - Keen Golden intends to acquire 100% of the issued shares of SAI US INC, which primarily operates a 5 megawatt Bitcoin mining facility and holds relevant operational licenses [1] - The board views this potential acquisition as a significant milestone in acquiring and expanding Bitcoin mining capacity, aiming to optimize mining operations, including hardware selection, site hosting, energy management, and real-time software [1] - The acquisition aligns with the company's business development strategy in the fintech sector, diversifying revenue sources and creating long-term value for shareholders [1]

Core Viewpoint - International Commercial Settlement (00147) has entered a non-binding letter of intent for a potential acquisition of SAI US INC, a company primarily engaged in Bitcoin mining data center operations in the U.S. [1] Group 1: Acquisition Details - Keen Golden Limited, a joint venture in which the company holds a 70% stake, intends to acquire 100% of the issued shares of SAI US INC [1] - The target company possesses significant assets, including a 5 megawatt Bitcoin mining facility and related operational licenses [1] Group 2: Strategic Importance - The board views the potential acquisition as a significant milestone in acquiring and expanding Bitcoin mining capacity [1] - The acquisition is expected to optimize the company's mining operations, including hardware selection, site hosting, energy management, and real-time software, thereby enhancing operational efficiency and competitiveness in Bitcoin mining [1] - The board believes this potential acquisition aligns with the company's business development strategy in the fintech sector, diversifying revenue sources and creating long-term value for shareholders [1]

Core Viewpoint - The company is pursuing a significant acquisition in the Bitcoin mining sector, which is expected to enhance its operational efficiency and competitiveness in the industry [1][2]. Group 1: Acquisition Details - The company, through its 70% owned joint venture Keen Golden Limited, has signed a non-binding letter of intent to acquire 100% of SAI US INC, a company engaged in Bitcoin mining operations in the U.S. [1] - The estimated valuation for the mining facilities is approximately $1,000,000, with further valuation of other assets to be determined after due diligence [1]. Group 2: Strategic Importance - The board views the potential acquisition as a major milestone for expanding Bitcoin mining capacity, which will optimize operations including hardware selection, site hosting, energy management, and real-time software [2]. - The acquisition aligns with the company's strategic development plans in the fintech industry, aiming to diversify business sources and create long-term value for shareholders [2].