Coolpad Exits MicroStrategy Stake After Option Exercise Triggers US$5.85 Million Share Disposal
I'm LongbridgeAI, I can summarize articles.Coolpad Group has announced the completion of a transaction involving the disposal of 39,000 shares of MicroStrategy (MSTR) for approximately US$5.85 million. This follows the exercise of 390 call options at a strike price of US$150 per share. The disposal, which represents about 0.01% of MicroStrategy's outstanding shares, leaves Coolpad with no remaining stake in the company. The transaction is classified as disclosable under Hong Kong listing rules but does not require shareholder approval. Coolpad Group is primarily involved in technology and financial investment activities.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Coolpad Group ( (HK:2369) ) just unveiled an announcement.
Coolpad Group said its subsidiary Digital Tech has completed the settlement of 390 call options over MicroStrategy (MSTR) shares that were sold on 16 April 2026, after the options were fully exercised by holders the following day at a strike price of US$150 per share. To meet the physical delivery obligation, the group disposed of 39,000 MSTR shares on the open market for about US$5.85 million, equivalent to roughly HK$45.69 million.
The disposal, representing around 0.01% of MicroStrategy’s outstanding share capital, leaves Coolpad’s group with no remaining MSTR shareholding. As the transaction size exceeded 5% but was below 25% under Hong Kong listing rules, it is classified as a disclosable transaction requiring reporting and announcement, but is exempt from shareholder approval, underscoring the group’s active but relatively small-scale use of listed securities and options in its investment portfolio.
More about Coolpad Group
Coolpad Group Limited is a Cayman Islands incorporated company listed in Hong Kong, traditionally active in the technology and mobile devices sector. Through its subsidiary Digital Tech, the group also engages in financial investment activities, including trading and derivative transactions involving listed securities to manage treasury and enhance returns.
YTD Price Performance: -32.29%
Average Trading Volume: 678,818
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$215.8M
Learn more about 2369 stock on TipRanks’ Stock Analysis page.