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DL Holdings Group Limited ( (HK:1709) ) has provided an announcement.
DL Holdings Group Limited has completed a discloseable transaction to acquire Bitcoin mining machines, with all conditions under the formal acquisition agreement fulfilled and completion taking place on 30 December 2025. The deal involved the issue of convertible bonds and warrants under a specific mandate, reinforcing the company’s capital structure to support expansion of its crypto-mining operations. Following a series of acquisitions, the group now controls 9,148 Bitcoin mining machines across sites in Oman, Paraguay and Oklahoma in the United States, with a combined hashrate of about 3.994 EH/s and an estimated indicative daily output of roughly 1.72 Bitcoin under current network conditions. This scale-up significantly strengthens DL Holdings’ Bitcoin mining capacity and positions the company more competitively in the digital asset mining industry, with potential implications for revenue growth and risk exposure linked to Bitcoin price and network difficulty.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
DL Holdings Group Limited, incorporated in the Cayman Islands and listed in Hong Kong, is expanding into the Bitcoin mining sector, building a geographically diversified mining footprint with assets in Oman, Paraguay and the United States. The group’s Bitcoin mining operations rely on large-scale deployment of high-performance mining machines, with a strategic focus on increasing total hashrate and daily Bitcoin production capacity to enhance its presence in the digital asset infrastructure space.
Average Trading Volume: 56,905,170
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.77B
For an in-depth examination of 1709 stock, go to TipRanks’ Overview page.