Connect with us

Media OutReach

DL Invests HK$320M with BITMAIN to Break Hashrate Barriers

Published

8 months ago

on

HONG KONG SAR – Media OutReach Newswire – 29 September 2025 – DL Holdings Group Limited (1709.HK) announced on the 28th that it has reached two legally binding letters of intent with BITMAIN, the world’s largest cryptocurrency mining machine manufacturer, and plans to purchase a total of 2,995 next-generation Antminer S21 series hydro-cooled mining machines using a financing mix of internal resources plus loans provided by partner Antalpha. These machines will be deployed at professional data centers in Oman and Paraguay, with BITMAIN providing comprehensive hosting and operations & maintenance (O&M) services.

This collaboration marks a key step in DL’s strategic layout for digital-asset businesses, advancing from “asset allocation” to “hashrate infrastructure + cash-flow generation” through industrialized operations. Together with the previous purchase of 2,200 mining machines, DL has now invested over HK$320 million, with aggregate computing power of approximately 2,100,000 TH/s, aiming within two years to become the listed company with the largest Bitcoin hashrate in Hong Kong’s capital market.

Unlike the prevalent approach of allocating assets by purchasing Bitcoin in the secondary market, DL has chosen to directly procure mining machines and participate in physical mining operations, with the goal of establishing infrastructure for hashrate under its own control. This layout combines the inclusiveness of modern digital tools with the breadth of global asset allocation; through Bitcoin mining as digital infrastructure, and by integrating AI optimization and RWA tokenization, it will build a new bridge for investors to participate in decentralized finance.

The batch of machines to be purchased are BITMAIN’s latest high-efficiency products. Once online, they are expected to form a stable Bitcoin output capacity, bringing the Group sustainable digital-asset cash flows. This strategic move pushes DL’s digital-asset layout from the level of financial investment to physical (industrial) operations, significantly enhancing the authenticity and controllability of the business.

This cooperation is another important deployment by DL in Bitcoin mining following the acquisition of 2,200 in-rack mining machines by an entity associated with Antalpha’s former CIO. Together, the two batches of machines form the core of DL’s hashrate assets, laying a solid foundation for the Group to build scale Bitcoin reserves and production capacity.

As the global leader among mining-machine manufacturers, BITMAIN has significant advantages in hardware performance, energy-efficiency control, and a global O&M network.

By directly purchasing mining machines, DL ensures the supply of high-quality machines and establishes a deep strategic partnership with BITMAIN. The two parties will carry out comprehensive cooperation in equipment maintenance, power optimization, and technology upgrades, improving mining efficiency and operational stability, and providing strong assurance for DL to quickly establish industry-leading hashrate scale.

In addition, this cooperation is also the beginning of DL and BITMAIN jointly exploring an inclusive mining model. The two parties will work together to lower the threshold for mining participation, and, through professional hosting and real-time AI optimization, provide efficient and transparent channels for both individuals and institutions to obtain Bitcoin—supporting direct participation now, and tokenized exposure in the future.

Part of the funding for this mining-machine procurement project comes from the recent financing completed by the Group, reflecting DL’s clear planning for the use of funds and efficient execution capability. To further accelerate the strategy, the Group plans to adopt a “self-owned funds + partner financing” model and is actively exploring bringing in Antalpha as a key financing partner. As the machines are gradually deployed and put into operation—and with the expected support of Antalpha’s strong ecosystem—DL expects to form a considerable annual Bitcoin output capacity by 2027, injecting stronger momentum into the gradual realization of the vision of becoming “Hong Kong’s No. 1 Bitcoin Hashrate Stock.”

Andy Chen, Chairman of the Board of DL Holdings Group and Chairman of NeuralFin, said: “True value investing lies in participating in the construction of underlying infrastructure. We are extending the inclusive philosophy of fintech into the digital-asset field. By integrating global allocation, AI insights, and hashrate infrastructure, we are redefining value investing. Just as quantum computing reshapes the computing paradigm, DL chooses to deploy the foundational layer of Bitcoin hashrate directly—this is not only strategic foresight, but also a firm vote of confidence in Hong Kong’s virtual-asset policies. With industrial-grade investment, we will build the largest hashrate platform in the Hong Kong market, enabling investors to share in the value creation of the digital era.”

As a key cornerstone of the future decentralized financial system, Bitcoin’s value extends far beyond ordinary digital assets. Through this cooperation, DL aims to empower investors to directly participate in the construction of the digital-finance base layer: the two parties will jointly promote inclusive mining to reduce participation thresholds; provide transparent and efficient solutions based on world-class hardware and professional management; integrate hashrate assets into the DL ecosystem so that investors can gain Bitcoin exposure either through direct participation or via tokenization; and leverage AI technology to achieve operational optimization and energy-efficiency improvements. This cooperation breaks through the traditional business boundaries of mining and is building an innovative ecosystem that connects traditional finance with a decentralized future.

From asset allocation to hashrate construction, and from holding Bitcoin to self-producing Bitcoin, DL is shifting from “buying gold” to “operate a gold mine,” steadily building a Bitcoin business system with cash-flow generation capability, technological advantages, and synergistic effects. Against the backdrop of the accelerating integration of digital assets and traditional finance, DL’s forward-looking layout and clear strategic goals position it in a leading place on the digital-asset track of the Hong Kong capital market.

Hashtag: #DLHoldings

The issuer is solely responsible for the content of this announcement.

Related Topics:

Media OutReach

Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

Published

15 hours ago

on

15/05/2026

By

Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

The issuer is solely responsible for the content of this announcement.

Continue Reading

Media OutReach

Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

Published

15 hours ago

on

15/05/2026

By

Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





The issuer is solely responsible for the content of this announcement.

Continue Reading

Media OutReach

Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

Published

1 day ago

on

14/05/2026

By

The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

The issuer is solely responsible for the content of this announcement.

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

Continue Reading

Trending