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flag DL Holdings partners with Fortune Peak to buy 2,200 Bitcoin miners for $21.85M, targeting 200 BTC yearly.

flag On September 15, 2025, DL Holdings, a Hong Kong-based company, announced a strategic partnership with Fortune Peak, a leading Bitcoin miner, to enter the Bitcoin mining sector. flag The company plans to acquire 2,200 S21XP HYD miners with a combined hashrate of about 1,040,600 TH/s for $21.85 million, paid via convertible bonds. flag Targeting 200 BTC in annual production and over 4,000 BTC in reserves within two years, DL Holdings aims to become the largest Bitcoin mining company among Hong Kong-listed firms. flag The deal includes issuing 40 million warrants and earn-out shares to incentivize performance. flag The partnership provides access to advanced mining technology and operations, supporting stable, efficient mining and diversifying DL Holdings’ balance sheet with digital assets.

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