Brainhole Tech acquires Robinhood and Coinbase, disposes of BigBear shares

Brainhole Technology Limited (HKEX:2203) announced it has acquired shares in Robinhood and Coinbase and disposed of BigBear shares via open market transactions on July 9, 2025. The company acquired 13,600 Robinhood shares for approximately US$1.3 million and 3,600 Coinbase shares, also for around US$1.3 million, excluding transaction costs. Concurrently, Brainhole Technology divested 324,000 BigBear shares for approximately US$2.8 million, excluding transaction costs. The acquisitions of Robinhood and Coinbase shares are aimed at enhancing the company's investment portfolio. The disposal of BigBear shares is expected to result in a loss of approximately US$0.2 million and allow for a reallocation of capital. All transactions were conducted on the open market at prevailing prices. The Board believes the terms are fair and reasonable.