DL Holdings expands digital assets with significant Bitcoin mining machine acquisition

DL Holdings Group Limited entered into agreements on October 17, 2025, to acquire BM Machines 1 and BM Machines 2. The acquisition involves 1,900 units of BM Machines 1 for $8,349,075 and 1,095 units of BM Machines 2 for $10,876,635. These transactions, collectively called the "BM Acquisitions," are categorized as discloseable transactions under Listing Rules, requiring reporting and announcement but exempting shareholder approval.

The total consideration for the BM machines is expected to be settled by net proceeds from a placing and potential financing from Antalpha Digital Pte. Ltd. BM Machines 1 are anticipated for delivery in October 2025. For BM Machines 2, 50% are expected in October 2025, and the remaining 50% in November 2025.

This strategic move aims to enhance DL Holdings' competitive advantages in digital assets and Bitcoin mining, positioning the group with a total computing power of approximately 2,100,000 T across all acquisitions. The group targets an annual gross production capacity of approximately 350 Bitcoins and a planned reserve of over 1,000 Bitcoins within three years.