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BTC Digital Ltd. Announces Signing of Bitcoin Miner Equipment Hosting Agreement
November 13 2024 - 9:00AM
PR Newswire (US)
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SHENZHEN, China, Nov. 13, 2024 /PRNewswire/ -- Blockchain technology company BTC Digital Ltd. ( "BTC Digital" or "the Company") (NASDAQ: BTCT) today announced that the company has signed a Bitcoin miner equipment hosting agreement with Recte Technologies Company Limited, a digital asset management advisory company in Asia, and ASIA INVESTMENT FUND SP2, a cryptocurrency mining fund in Asia, with plans to provide hosting services for their 1,100 Bitcoin mining machines (the "Hosting Agreements").
BTC Digital entered into the Hosting Agreements with the two significant clients on November 13, 2024 to manage 1,100 Bitcoin mining machines, including ANTMINER T21 and ANTMINER L7 models. BTC Digital will oversee the deployment of these devices inthe United States, providing hosting, management, and other services.