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Sheen Tai Holdings Expands into Filecoin Mining with New Acquisition

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Sheen Tai Holdings Expands into Filecoin Mining with New Acquisition

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Sheen Tai Holdings Group Co. Ltd. ( (HK:1335) ) has issued an announcement.

Sheen Tai Holdings Group Co. Ltd. announced the acquisition of 141,734 units of Filecoin for approximately US$200,000. This acquisition is part of a broader strategy to use Filecoin for mining operations, enhancing shareholder value and diversifying the company’s assets. The transaction is considered a discloseable transaction under Hong Kong’s Listing Rules due to its size, and it was funded through the company’s internal resources.

More about Sheen Tai Holdings Group Co. Ltd.

Sheen Tai Holdings Group Co. Ltd. is involved in the semi-conductors business, property development and related services, and the generation of photovoltaic power. The company is focused on diversifying its asset portfolio and maximizing shareholder value.

Average Trading Volume: 367,450

Technical Sentiment Signal: Sell

Current Market Cap: HK$304.3M

For detailed information about 1335 stock, go to TipRanks’ Stock Analysis page.

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