crashnsanetrilogysteam| Coolpad Group (02369.HK) recently acquired 1.5 million CLSK shares and a total of 113,000 IBIT shares

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Glonghui May 9 丨 Coolpad Group (02369crashnsanetrilogysteam.HK) announcement, in early May 2024, the company will adoptcrashnsanetrilogysteamAn investment plan has been established under which the group can acquire up to US$28 million in U.S. listed securities related to the crypto asset industry through open market transactions.

The Board of Directors announced that the Group has made a series of acquisitions on the open market as follows: (i) During the period from April 16, 2024 to May 8, 2024 (Eastern Standard Time), Digital Tech, a direct wholly-owned subsidiary of the Company, acquired a total of 1.5 million CLSK shares at a total consideration of approximately US$23.84 million (excluding stamp duty and related expenses), equivalent to approximately 15.5% per CLSK share.crashnsanetrilogysteam.89 US dollars (equivalent to approximately HK$124.26)crashnsanetrilogysteam;(ii) During the period from April 19, 2024 to May 8, 2024 (Eastern Standard Time), Digital Tech acquired a total of 113,000 IBIT shares for a total consideration of approximately US$4.03 million (excluding stamp duty and related expenses), equivalent to approximately US$35.64 per IBIT share.