Moon Inc. expands prepaid products, reallocates funds for Asian market entry

Moon Inc. announced a strategic expansion plan, introducing prepaid Bitcoin cards as a new product line alongside its existing prepaid SIM card offerings. The company aims to expand into selected Asian markets, initially focusing on Thailand and Korea through strategic partnerships with local distributors, diversifying its product portfolio beyond the saturated Hong Kong market.

To fund this expansion, Moon Inc. is reallocating approximately HK$64,188,354 from its proposed issue of new shares and convertible notes. Approximately 54.7% (HK$35.11 million) will support regional sales channel development, including potential investments in local companies. Another 15.3% (HK$9.82 million) is earmarked for the acquisition of prepaid Bitcoin cards and Bitcoin inventory.

The remaining 30% (HK$19.26 million) will serve as general working capital, covering investment costs for Bitplanet (HK$9.69 million), hiring for expansion (HK$4.38 million), legal and professional fees (HK$2.50 million), and administrative/rental expenses (HK$2.70 million). The company anticipates entering formal cooperation agreements by the fourth quarter of 2025.