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The latest announcement is out from DL Holdings Group Limited ( (HK:1709) ).
DL Holdings Group Limited has announced significant advancements in its Bitcoin mining operations, including the acquisition of 4,000 Antminer S21 XP Hyd Bitcoin mining machines, enhancing its total hashrate to approximately 1.892 EH/s. These developments are part of the company’s broader strategy to establish a sustainable and transparent Bitcoin mining business, with an expected increase in daily Bitcoin production, thereby reinforcing its position in the digital finance market.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$2.50 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 is a company incorporated in the Cayman Islands, focusing on digital finance strategies, particularly in the Bitcoin mining industry. The company is actively expanding its institutional-grade Bitcoin mining operations across various international sites, including the United States, Oman, and Paraguay.
Average Trading Volume: 59,302,328
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.55B
For a thorough assessment of 1709 stock, go to TipRanks’ Stock Analysis page.