TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Brainhole Technology Limited ( (HK:2203) ) has shared an update.
Brainhole Technology Limited has announced a further acquisition of 100,800 TeraWulf shares for approximately US$1.5 million. This acquisition, combined with previous purchases, totals approximately US$2.8 million, making it a discloseable transaction under Hong Kong’s Listing Rules. The acquisition was financed by proceeds from the disposal of Robinhood shares, and the transaction is expected to impact the company’s investment portfolio by increasing its stake in TeraWulf, a digital asset technology company.
The most recent analyst rating on (HK:2203) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Brainhole Technology Limited stock, see the HK:2203 Stock Forecast page.
More about Brainhole Technology Limited
Brainhole Technology Limited is a company incorporated in the Cayman Islands with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 2203. The company is involved in acquiring listed securities as part of its investment strategy.
Average Trading Volume: 4,277,936
Technical Sentiment Signal: Buy
Current Market Cap: HK$177.6M
See more insights into 2203 stock on TipRanks’ Stock Analysis page.