COOLPAD GROUP Acquires 39,000 MSTR Shares in $4.98 Million Deal

Stock News02-25 22:57

COOLPAD GROUP (02369) has announced that its wholly-owned subsidiary, Digital Tech, purchased a total of 39,000 MSTR shares on February 25, 2026. The total consideration for the transaction was approximately $4.98 million, equivalent to around HK$38.89 million. This represents a price of about $127.58 per MSTR share, or roughly HK$996.40 per share.

MSTR is a Bitcoin treasury company incorporated in Delaware, USA. The group is actively seeking opportunities to enter the digital currency sector. After evaluating MSTR's core business, future prospects, and development potential, the board of directors believes the acquisition represents an opportunity for the group to obtain an attractive investment. The move is expected to enhance investment returns and allow the group to expand its digital currency operations.

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