Core Viewpoint - Delin Holdings (01709) is experiencing a stock price increase of over 7% following the announcement of its acquisition of 2,995 BM mining machines from Bitmain, aimed at strengthening its Bitcoin mining operations [1] Group 1: Acquisition Details - Delin Holdings plans to acquire 1,900 BM mining machines at a cost of $8.35 million and 1,095 BM mining machines for $10.88 million, with funding sourced from net proceeds of a placement and potential financing from Antalpha Digital [1] - The board believes that signing the formal agreement for the BM acquisition will provide long-term financial returns and value for shareholders [1] Group 2: Strategic Implications - The acquisition is expected to enhance the company's leadership position in Bitcoin mining among Hong Kong-listed companies, diversify revenue sources, and enable the company to capitalize on the rapidly expanding market opportunities in digital assets and blockchain [1] - The board considers the terms of the BM agreement and the proposed transactions to be normal commercial terms that are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

Core Viewpoint - Derin Holdings (01709) has seen a stock price increase of over 7%, currently trading at HKD 3.44 with a transaction volume of HKD 115 million, following the announcement of significant acquisitions in Bitcoin mining equipment [1] Group 1: Acquisition Details - Derin Holdings announced the acquisition of 1,900 BM mining machines from Bitmain's subsidiaries BM1 and BM2 for a total cost of USD 8.35 million and 1,095 BM mining machines for USD 10.88 million [1] - The financing for these acquisitions will be sourced from the net proceeds of a placement and potential financing from Antalpha Digital [1] Group 2: Strategic Implications - The board believes that signing the formal agreement with BM will provide long-term financial returns and value for shareholders [1] - The acquisition is expected to strengthen the company's leadership position in the Bitcoin mining business among Hong Kong-listed companies, diversify revenue sources, and enable the company to capitalize on the rapidly expanding market opportunities in digital assets and blockchain [1] - The board considers the terms of the formal agreement and the proposed transactions to be normal commercial terms that are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]