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Enterprise Development Holdings Limited ( (HK:1808) ) has shared an announcement.
Enterprise Development Holdings Limited has announced the disposal of 393,851 RIOT shares by its wholly-owned subsidiary, EDHK, between June 6 and August 22, 2025. The shares were sold at prices ranging from USD9.75 to USD14.04, with an average price of USD11.43, resulting in a total disposal price of approximately USD4.5 million. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement due to certain percentage ratios being exceeded. The company retains 120,000 RIOT shares post-disposal. RIOT is a leading Bitcoin mining company with the largest mining facility in North America, providing critical infrastructure for institutional-scale Bitcoin mining.
The most recent analyst rating on (HK:1808) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Enterprise Development Holdings Limited stock, see the HK:1808 Stock Forecast page.
More about Enterprise Development Holdings Limited
Average Trading Volume: 30,649
Technical Sentiment Signal: Hold
Current Market Cap: HK$830.2M
See more insights into 1808 stock on TipRanks’ Stock Analysis page.