PANews reported on September 28th that Delin Holdings (01709.HK) announced that it has entered into a formal agreement with Evergreen Wealth for the sale of 2,200 S21XP HYD Bitcoin mining machines for a total consideration of US$21.8526 million. The purchase price will be satisfied through the issuance of convertible bonds with a principal amount of US$21.8526 million; 40 million warrants; and, upon the satisfaction of earn-out conditions, the issuance of 13.4425 million earn-out shares. Delin Holdings also signed legally binding letters of intent with BM1 and BM2 to purchase an additional 1,900 S21e Hyd. and 1,095 S21e XP Hyd. units for a total consideration of US$8.349 million and US$10.8766 million, respectively. These transactions require authorization at a special general meeting of shareholders and approval by the Hong Kong Stock Exchange.PANews reported on September 28th that Delin Holdings (01709.HK) announced that it has entered into a formal agreement with Evergreen Wealth for the sale of 2,200 S21XP HYD Bitcoin mining machines for a total consideration of US$21.8526 million. The purchase price will be satisfied through the issuance of convertible bonds with a principal amount of US$21.8526 million; 40 million warrants; and, upon the satisfaction of earn-out conditions, the issuance of 13.4425 million earn-out shares. Delin Holdings also signed legally binding letters of intent with BM1 and BM2 to purchase an additional 1,900 S21e Hyd. and 1,095 S21e XP Hyd. units for a total consideration of US$8.349 million and US$10.8766 million, respectively. These transactions require authorization at a special general meeting of shareholders and approval by the Hong Kong Stock Exchange.
Delin Holdings plans to acquire Bitcoin mining machines by issuing convertible bonds and warrants and signed a letter of intent with BM.
2025/09/28 23:31
PANews reported on September 28th that Delin Holdings (01709.HK) announced that it has entered into a formal agreement with Evergreen Wealth for the sale of 2,200 S21XP HYD Bitcoin mining machines for a total consideration of US$21.8526 million. The purchase price will be satisfied through the issuance of convertible bonds with a principal amount of US$21.8526 million; 40 million warrants; and, upon the satisfaction of earn-out conditions, the issuance of 13.4425 million earn-out shares. Delin Holdings also signed legally binding letters of intent with BM1 and BM2 to purchase an additional 1,900 S21e Hyd. and 1,095 S21e XP Hyd. units for a total consideration of US$8.349 million and US$10.8766 million, respectively. These transactions require authorization at a special general meeting of shareholders and approval by the Hong Kong Stock Exchange.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
FOMC cuts interest rates, but move was already 'priced in': Analyst
Analysts say the crypto market has already priced in Wednesday's interest rate cut, but the Federal Reserve remains divided on an additional cut in December. The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%.Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast:Asset prices remained flat or fell by modest amounts on Wednesday following the FOMC decision, with the price of Bitcoin (BTC) falling by about 2.4% at the time of writing, following Federal Reserve Chair Jerome Powell’s comments signaling that FOMC members are divided on a December rate cut. Read more
Share
Coinstats2025/10/30 05:11
Fermion Propagators: Bosonization vs. Holography
This note addresses the challenge of computing fermion propagators in a broad class of strongly correlated systems
Share
Hackernoon2025/10/30 00:15
Mastercard Plans $2B Acquisition of ZeroHash to Boost Crypto Payments
Mastercard is reportedly nearing an acquisition of the crypto infrastructure startup Zerohash in a deal valued between $1.5 billion and $2 billion, signaling a significant push by traditional financial giants into the blockchain and crypto space. The potential move underscores mainstream financial institutions’ growing interest in integrating cryptocurrency and stablecoin services amid expanding regulatory clarity [...]
Share
Crypto Breaking News2025/10/30 06:38