BlockBeats News, September 28th, Hong Kong-listed company Dalian Holdings (1709.HK) announced that it has reached a purchasing intention with the world’s largest cryptocurrency mining machine manufacturer, Bitmain. The specific details of the cooperation involve planning to use some of its own funds to deepen cooperation with Antalpha, a financing partner, to purchase a total of 2,995 units of the new generation S21 series water-cooled mining machines. These mining machines will be deployed in professional data centers in Oman and Paraguay, with comprehensive hosting and operation services provided by Bitmain. Together with the previously purchased 2,200 units of mining machines, Dalian has invested over 320 million Hong Kong dollars.
The directors of Dalian Holdings believe that this move is a strategic initiative taken by the Group to enhance its competitive advantage in the field of digital assets, blockchain, and Bitcoin mining, directly supporting the Group’s ambition to become the first publicly listed “Bitcoin mining power stock” in Hong Kong. The Board of Directors of Dalian Holdings believes that entering into formal agreements and letters of intent for Bitcoin mining machines will bring long-term financial returns and value to shareholders, create diversified sources of income, and enable the Group to seize the rapidly expanding opportunities in the field of digital assets and blockchain. (Sohu Finance)
