HK Stock Movement | DL HOLDINGS GP (01709) Rises Over 4% After Deploying High-Efficiency Mining Hardware Overseas to Expand Institutional Bitcoin Mining Operations

Stock News12-22 10:47

DL HOLDINGS GP (01709) surged more than 4%, reaching HK$1.64 by the time of writing, with a trading volume of HK$34.45 million. The company recently announced the deployment of high-efficiency mining hardware in selected overseas facilities across the U.S., Oman, and Paraguay, further expanding its institutional-grade Bitcoin mining operations.

In addition to nearly completing the acquisition of 2,995 Bitcoin miners from Bitmain, with a total hash rate of approximately 1.060 EH/s, and the ongoing purchase of 2,200 miners from Evergreen Wealth Investment Limited (totaling ~1.040 EH/s), the group has also secured 4,000 Antminer S21 XP Hyd Bitcoin miners from three independent third-party suppliers. These additional miners, each with a rated computing power of ~473 TH/s, are currently deployed at a mining facility in Oklahoma, U.S.

The total hash rate of the newly acquired miners stands at ~1.892 EH/s, with an estimated total power load of ~23 MW when fully operational, based on an energy efficiency of ~12 J/TH. The total cost for these miners amounts to approximately $39.2 million, funded by the net proceeds from the group’s share placement and top-up subscription completed in November 2025.

Under current network conditions, the group’s acquired and pending Bitcoin miners are projected to yield an estimated daily production of ~1.71 Bitcoin.

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