HK Stock Market Move | BITSTRAT HLDGS (06113) fell over 12% and was named by the Hong Kong Securities and Futures Commission for having a highly concentrated ownership structure.

BITSTRAT HLDGS (06113) fell more than 11%, worth noting that on October 14, the company's stock price closed at 4.17 Hong Kong dollars, an increase of 198% from the closing price of 1.40 Hong Kong dollars on March 7, 2025. As of the time of writing, it fell 12.53%, to 3.91 Hong Kong dollars, with a turnover of 1.4572 million Hong Kong dollars. On the news front, the Hong Kong Securities and Futures Commission's investigation into the distribution of shares revealed that BITSTRAT HLDGS' ownership is highly concentrated. As of September 30, 2025, 16 shareholders collectively held 72.71 million shares of the company, equivalent to 18.18% of the company's issued share capital. Including the 300 million shares held by the company's two major shareholders (75% of the issued shares), this represents 93.18% of the company's issued share capital. Therefore, only 27.29 million shares (6.82% of the issued share capital) are held by other shareholders.