jokervideopoker| Coolpad Group (02369): Investing US$28 million in U.S. crypto asset securities and entering the digital currency field

Intro: Newsletter summary Coolpad Group (02369) is actively expanding the field of digital currency, buying shares in CLSK for...

Newsletter summary

Coolpad Group (02369) is actively expanding the field of digital currency, buying shares in CLSK for $23.84 million and IBIT for $4.03 million through its DigitalTech.

Text of news flash

[cool Group (02369) invested about $42 million in encrypted assets.] Coolpad Group announced in early May that it had adopted an investment plan to acquire up to $28 million of U.S.-listed cryptographic assets-related securities through open market transactions. The move marks the official entry of Coolpad into the field of digital currency. Between April 16 and May 8, DigitalTech, a wholly owned subsidiary of Coolpad, acquired for a total consideration of about $23.84 million.Jokervideopoker1.5 million CLSK shares at a price of about 15 per shareJokervideopoker.89 dollars. In addition, from April 19 to May 8, DigitalTech acquired for a total consideration of approximately $4.03 millionJokervideopoker11 years old.Jokervideopoker.30, 000 IBIT shares at a price of about $35. 64 per share. Coolpad Group said in the announcement that after considering the main business, future prospects and development potential of CLSK and IBIT, the company believes that these acquisitions are an important opportunity for the group to obtain attractive investments, enhance investment returns and expand the digital currency industry.

jokervideopoker| Coolpad Group (02369): Investing US million in U.S. crypto asset securities and entering the digital currency field

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