Welcome to our dedicated page for BTC Digital Ltd. news (Ticker: metx), a resource for investors and traders seeking the latest updates and insights on BTC Digital Ltd. stock.
METX (METX) is a publicly traded company tracked by investors and market observers worldwide. This dedicated news hub provides official press releases and verified updates covering operational developments, financial results, and strategic initiatives.
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BTC Digital (NASDAQ: BTCT) has signed Bitcoin miner equipment hosting agreements with Recte Technologies Company and ASIA INVESTMENT FUND SP2 to manage 1,100 Bitcoin mining machines in the United States. The agreement, signed on November 13, 2024, includes hosting and management of ANTMINER T21 and ANTMINER L7 models. Both clients have indicated plans for future large-scale purchases of mining machines and continued partnership with BTC Digital for hosting services.
BTC Digital announced a significant acquisition, purchasing an Arkansas-based Bitcoin mining facility for $1.99 million. This acquisition includes a facility equipped with a 6MV stable power load and gives BTC Digital 100% ownership. The move aims to reduce operational costs, secure a stable energy supply, and offer leading mining machine hosting services. This strategic step is expected to enhance BTC Digital's competitiveness in the Bitcoin mining sector and contribute to the company's sustainable growth.
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