DL Holdings GP (01709) is deploying highly efficient mining hardware in selected overseas mining fields to continue actively developing and expanding institutional-level Bitcoin mining business.

DL HOLDINGS GP (01709) announced that the company is continuing to actively develop and expand its institutional-level Bitcoin mining business by deploying efficient mining hardware at selected overseas mining sites in the United States, Oman, and Paraguay. In addition to approximately completing the acquisition of 2995 Bitcoin mining machines with a total hash rate of about 1.060 EH/s from Bitmain, and currently in the process of acquiring 2200 Bitcoin mining machines with a total hash rate of about 1.040 EH/s from Evergreen Wealth Investment Limited, the Group has also purchased a total of 4000 Antminer S21 XP Hyd Bitcoin mining machines (additional Bitcoin mining machines) from three third-party suppliers independent of the company and its related parties (as defined in the listing rules), each with a rated hash power of about 473 TH/s. These machines are currently deployed at a Bitcoin mining facility in Oklahoma, USA. The total hash rate of the additional Bitcoin mining machines is about 1.892 EH/s, and based on an energy efficiency of about 12 J/TH, the estimated total power load of deploying all 4000 additional Bitcoin mining machines is approximately 23 MW. The total cost of the additional Bitcoin mining machines is approximately $39.2 million, funded by the net proceeds from the share placement and the proceeds from the subscriptions completed by the Group in November 2025. The Bitcoin mining machines acquired and currently being acquired by the Group are estimated to produce a total daily output of approximately 1.71 Bitcoins under the current network conditions. Based on the Group's internal estimates and the current Bitcoin network conditions, the indicative daily total output of the 4000 additional Bitcoin mining machines acquired in the subsequent acquisition is expected to be around 0.81 Bitcoins, depending on network difficulty, Bitcoin price, normal operating hours, and other operational conditions. The additional Bitcoin mining machines acquired in the subsequent acquisition have been operational and producing Bitcoins since December 12, 2025. Since November 2025, the Group has also completed the deployment of its existing Bitcoin mining machines at its sites in Oman and Paraguay. The Bitcoin mining machines acquired from Bitmain in Oman and Paraguay have been operational and producing Bitcoins since November 13 and November 14, 2025, respectively. Upon completion and full deployment of the 2995 Bitcoin mining machines, the indicative daily total output of these machines under the current network conditions is estimated to be around 0.45 Bitcoins. Additionally, upon completion of the acquisition of 2200 Bitcoin mining machines from Evergreen Wealth Investment Limited (details of which are in the company's announcements dated September 15 and 28, 2025, and a circular dated December 3, 2025), the indicative daily total output of these 2200 machines under the current network conditions is estimated to be around 0.45 Bitcoins.