Derlin Holdings Raises Funds Through Share Offering for Bitcoin Mining Expansion

Derlin Holdings is set to expand its Bitcoin mining operations thanks to a recent share offering worth HKD 956 million. The company has allocated 255 million shares, representing approximately 15.15% of its existing share capital and about 13.16% of the enlarged share capital, at a discount of around 11.34% compared to their last closing price. This offering was conducted in collaboration with Evergreen Wealth Investment Limited. The funds raised will be directed towards bolstering Derlin Holdings’ Bitcoin mining infrastructure and strengthening its digital asset reserves, while also being allocated to development and investment initiatives.