All conditions precedent outlined in the formal Bitcoin mining rig agreement have been satisfied, with completion finalized on December 30, 2025. As of the date of this announcement, the Group has successfully concluded (i) the acquisition from Bitmain of 2,448 Bitcoin mining rigs, with a total hash rate of approximately 0.825 EH/s, located in Oman and Paraguay; (ii) the acquisition from Evergreen Wealth Investment Limited of 2,200 Bitcoin mining rigs, with a total hash rate of approximately 1.040 EH/s, located in Oklahoma, USA; and (iii) the acquisition of an additional 4,500 Bitcoin mining rigs, with a total hash rate of approximately 2.129 EH/s, also located in Oklahoma, USA, as part of the subsequent acquisition. Based on the Group's current internal estimates and the prevailing state of the Bitcoin network, these 9,148 existing Bitcoin mining rigs are expected to yield an indicative combined daily output of approximately 1.72 Bitcoin, subject to variables such as network difficulty, Bitcoin price, operational uptime, and other operating conditions.
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