Delin Holdings has announced a rights issue to raise HK$956 million, aimed at bolstering its Bitcoin mining and digital reserve operations. The company plans to place 255 million shares, representing 15.15% of its current share capital, at an 11.34% discount to the previous closing price of HK$3.44. The new shares will be issued to Changqing Wealth Investment Limited, with the proceeds earmarked for business development and investment.
Delin Holdings to Raise HK$956 Million for Bitcoin Mining Expansion
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