According to the company’s official announcement, Delin Holdings signed agreements to purchase additional S21XP HYD Bitcoin mining rigs through convertible bonds, warrants, and profit-based shares, pending shareholder and Hong Kong Stock Exchange approval.
Delin Holdings announced an official agreement with Evergreen Wealth to acquire 2,200 S21XP HYD Bitcoin mining rigs worth $21.85 million, with payment to be made via convertible bonds, 40 million warrants, and 13.44 million profit-based shares. The company also signed legally binding letters of intent with BM1 and BM2 to purchase 1,900 S21e Hyd rigs and 1,095 S21e XP Hyd rigs for $8.35 million and $10.88 million respectively. These transactions are subject to shareholder approval and clearance by the Hong Kong Stock Exchange, signaling further expansion of Delin’s Bitcoin mining operations.