On August 29, according to the announcement of the Hong Kong Stock Exchange, International Commercial Clearing Holdings Limited (00147.HK) signed a subscription agreement with no less than six professional investors to issue about 2.782 billion new shares at a price of HK $0.18 per share, and the net proceeds are expected to be about HK $500 million.
According to the announcement, about 90% (HK $450 million) of the fundraising will be used to explore cryptocurrency investment opportunities, including cryptocurrency mining business, cryptocurrency trading, and investment in computing power generated by mining equipment, while deploying in the Web3 field. Previously, the company has announced that it will invest 70 million Hong Kong dollars in a joint venture project mainly engaged in cryptoasset-related business.
International Business Settlement Holdings plans to raise HK $500 million for cryptocurrency and Web3 investments
2025-08-29 13:46:11
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
国际商业结算控股拟募资 5 亿港元用于加密货币及Web3投资Next article：
机构今年买入690,710枚比特币，而同期仅开采出109,072枚比特币
