DL Holdings Completes Bitcoin Mining Machines Acquisition, Boosting Global Hashrate Capacity
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DL Holdings Group Limited has completed the acquisition of Bitcoin mining machines, fulfilling all conditions of the acquisition agreement by December 30, 2025. This transaction, involving convertible bonds and warrants, enhances the company's capital structure for expanding its crypto-mining operations. The group now operates 9,148 mining machines across Oman, Paraguay, and Oklahoma, with a hashrate of approximately 3.994 EH/s and an estimated daily output of 1.72 Bitcoin. The latest analyst rating for DL Holdings (HK:1709) is a Hold with a price target of HK$1.50.
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