Glonghui, May 9 | Coolpad Group (02369.HK) announced that in early May 2024, the company adopted an investment plan. According to this, the Group can purchase up to 28 million US dollars of listed securities listed in the US and related to the crypto asset industry through open market transactions.
The Board of Directors announced that the Group has carried out a series of acquisitions on the open market as follows: (i) From April 16, 2024 to May 8, 2024 (Eastern Standard Time), Digital Tech (a direct wholly-owned subsidiary of the Company) acquired a total of 1.5 million CLSK shares at a total cost of approximately US$23.84 million (excluding stamp duty and related expenses), which is equivalent to approximately US$15.89 (equivalent to approximately HK$124.26) per CLSK share; (ii) April 19, 2024 to May 8, 2024 ( During the (Eastern Standard Time) period, Digital Tech purchased a total of 113,000 IBIT shares at a total cost of approximately US$4.03 million (excluding stamp duty and related expenses), which is equivalent to approximately US$35.64 per IBIT share.