Coolpad Group invests in the field of digital currency and actively explores new business opportunities

Coolpad Group recently made a series of open market acquisitions through its wholly-owned subsidiary Digital Tech Inc., and the amount involved exceeded 5%, but was less than 25%, which needs to be disclosed according to listing rules. Specifically, Digital Tech Inc. acquired 1,500,000 shares of CLSK at a total cost of approximately US$23.84 million from April 16 to May 8, 2024, equivalent to approximately US$15.89 per CLSK share; at the same time, from April 19 to May 8, 2024, it acquired 113,000 shares of IBIT at a total cost of approximately US$4.03 million, equivalent to approximately US$35.64 per IBIT share.

CLSK is a Bitcoin mining company incorporated in Nevada, USA, and its common stock is listed on the Nasdaq Capital Market. This acquisition by Coolpad Group shows its investment intention and confidence in the field of digital currency.

At present, more and more traditional companies have begun to join the web3 industry.

Brothers, the future is promising!

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