Core Viewpoint - The company has entered into a formal agreement to acquire Bitcoin mining machines, aiming to enhance its competitive advantage in the digital asset and blockchain sectors, and to become the first publicly listed "Bitcoin Hash Power Stock" in Hong Kong [1][2][3] Group 1: Acquisition Details - The company has agreed to purchase 2,200 units of S21XP HYD Bitcoin mining machines for a total cost of $21.8526 million, which will be financed through the issuance of convertible bonds, warrants, and profit shares [1] - Additionally, the company has signed letters of intent with BM1 and BM2 for the proposed acquisition of 1,900 and 1,095 BM mining machines, with respective costs of $8.349 million and $10.8766 million [1] Group 2: Strategic Importance - The acquisition of Bitcoin mining machines is a strategic move to secure industry-leading hardware, which will support the company's goal of achieving a total hash rate of approximately 2,100,000T and an annual production capacity of around 350 Bitcoins within three years [2] - The company aims to maintain a reserve of over 1,000 Bitcoins, thereby solidifying its position in the Bitcoin mining capacity sector [2] Group 3: Long-term Value - The board believes that these agreements will provide long-term financial returns and value for shareholders, reinforcing the company's leadership in the Bitcoin mining business among publicly listed companies in Hong Kong [3] - The initiatives are expected to create diversified revenue streams and capitalize on the rapidly expanding opportunities in the digital asset and blockchain sectors [3]

Group 1 - The company has entered into a formal agreement to acquire 2,200 units of S21XP HYD Bitcoin mining machines for a total cost of $21.8526 million, which will be financed through convertible bonds, warrants, and profit shares [1] - The acquisition of Bitcoin mining machines and proposed BM acquisitions are strategic moves to enhance the company's competitive advantage in the digital assets, blockchain, and Bitcoin mining sectors, aiming to become Hong Kong's first listed "Bitcoin Hash Rate Stock" [2] - The total hash rate is projected to reach approximately 2,100,000T within three years, with an annual production target of around 350 Bitcoins and a planned reserve of over 1,000 Bitcoins [2] Group 2 - The company believes that the agreements will provide long-term financial returns and value for shareholders, solidifying its leadership position in the Bitcoin mining business among Hong Kong-listed companies [3] - The acquisition will diversify revenue sources and enable the company to capitalize on rapidly expanding opportunities in the digital assets and blockchain sectors [3]