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International Business Settlement Holdings Limited ( (HK:0147) ) has provided an announcement.
International Business Settlement Holdings Limited has announced the completion of transactions involving the purchase of supercomputing servers and Bitcoins. The company has settled a US$10 million purchase price through a Bitcoin pledge, with the transactions finalized in September 2025. This strategic move is expected to bolster the company’s operations in the cryptocurrency sector by enhancing its mining capabilities and financial strategies. The use of Bitcoin for settlement reflects the company’s innovative approach to leveraging digital currencies, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.
More about International Business Settlement Holdings Limited
International Business Settlement Holdings Limited operates in the cryptocurrency industry, focusing on the acquisition of cryptocurrency mining hardware and digital currencies like Bitcoin. The company is involved in transactions that enhance its capabilities in cryptocurrency mining and trading, positioning itself within the digital asset market.
Average Trading Volume: 60,577,050
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.75B
Learn more about 0147 stock on TipRanks’ Stock Analysis page.