SHENZHEN, China, Dec. 27,
2023 /PRNewswire/ -- Blockchain technology
company BTC Digital Ltd. ("BTC Digital" or "the Company")
(NASDAQ: BTCT) today announced the entry into a
Bitcoin miner management and technical service
agreement with a client, with plans to provide management and
technical services for the client's 1,480 Bitcoin
mining machines.
BTCT recently has reached a Bitcoin miner
management and technical service agreement with a significant
client (the "Service Agreement"). The client entrusted BTCT to
manage 1,480 Bitcoin mining machines, including
devices such as AntS19Jpro+ and the M50 models. BTCT will oversee
the deployment of these devices in the
United States, providing both management and technical
services.
This agreement signifies further growth and influence for BTCT
in the cryptocurrency mining industry. The Company
believes that its device management and operational technology,
coupled with its understanding of the cryptocurrency
market, led the client to choose BTCT's services. In addition to
the Service Agreement, BTCT and the client plan to collaborate in
other areas in the cryptocurrency mining sector.
"We are thrilled to enter into the Service Agreement with this
key client and provide management and technical services for its
1,480 AntS19Jpro Bitcoin miners in the United States. We target to provide the
client with efficient and reliable management and technical
services hope that this agreement presents an opportunity for us to
accelerate our development in the cryptocurrency
mining field," said the Chief Executive Officer of the Company,
Alan Peng.
About BTC Digital Ltd.
BTC Digital Ltd.is a blockchain technology company, with a
long-term strategy to create value across the metaverse, blockchain
and cryptocurrency mining industry. The Company is
committed to developing blockchain related businesses in
North America, including
cryptocurrency mining, mining farm construction,
mining pool and data center operation, and miner accessories
business.
For more information, please visit:
https://btct.investorroom.com/
Safe Harbor Statement
This news release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will", "expects", "anticipates",
"future", "intends", "plans", "believes", "estimates", "target",
"going forward", "outlook" and similar statements. Such
statements are based upon management's current expectations and
current market and operating conditions and relate to events that
involve known or unknown risks, uncertainties and other factors,
all of which are difficult to predict and many of which are beyond
the Company's control, which may cause the Company's actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Further information
regarding these and other risks, uncertainties or factors is
included in the Company's filings with the U.S. Securities and
Exchange Commission. The Company does not undertake any obligation
to update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
law.
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SOURCE BTC Digital Ltd.