DL Holdings Spends $41M In Push to Become Hong Kong’s Top Publicly Traded Bitcoin Miner

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The purchase brings DL’s mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).

By Francisco Rodrigues, AI Boost|Edited by Sheldon Reback

Sep 29, 2025, 2:45 p.m.

Data center (Taylor Vick/Unsplash)
  • DL Holdings bought $41.1 million of bitcoin mining equipment from Bitmain to be installed in Oman and Paraguay.
  • The 2,995 Antminer S21 machines take the company’s total mining fleet to 5,195 rigs with a hashrate of 2.1 exahashes per second
  • The company said it aims to become the biggest publicly listed bitcoin mining stock in Hong Kong within two years.
  • DL plans to tokenize its mining operations and integrate AI optimization tools to increase efficiency and create accessible digital investment products, it said.

Investment firm DL Holdings (1709) said it agreed to spend a total of HK$320 million ($41 million) on bitcoin mining rigs from Bitmain as it aims to become Hong Kong’s largest publicly traded bitcoin miner within two years.

The 2,995 Antminer S21 hydro-cooled machines will be installed in data centers in Oman and Paraguay, the company said in a statement. Hosting and operational support will be handled by Bitmain, one of the world’s largest manufacturers of crypto mining equipment.

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Combined with the 2,200 machines it bought just two weeks ago, DL now boasts a hashrate of around 2.1 exahashes per second (EH/s), the company said.

As part of the broader strategy, DL said it plans to tokenize its mining operations and integrate AI optimization tools, enabling more efficient energy use and potentially creating accessible digital investment products.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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