HK Stock Market Move | SUNSHINE OIL (02012) surged over 35% and reached a strategic cooperation agreement with Bitcruiser on developing a Bitcoin mining farm.

SUNSHINE OIL (02012) rose more than 35%, at one point rising over 50% in early trading. As of the time of writing, it has risen by 35.35%, trading at 0.67 Hong Kong dollars, with a turnover of 9.99 million Hong Kong dollars. On the news front, SUNSHINE OIL announced that on September 14, 2025, it signed a non-binding strategic cooperation agreement with international bitcoin mining equipment supplier BitCruiser Incorporated (Bitcruiser). According to the agreement, both parties will jointly establish a large-scale bitcoin mining site in the area owned by SUNSHINE OIL in Canada. The company will be responsible for the electricity, natural gas, accommodation, and storage facilities required for the project, while Bitcruiser will be responsible for investing in bitcoin mining equipment and the construction and operation of the mining site. The company and Bitcruiser have reached a consensus to quickly form a joint team to develop and implement a plan for the mining site development and operation.