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 in
the United States, providing
hosting, management, and other services.
The Hosting Agreements mark further growth and influence for BTC
Digital in the cryptocurrency mining industry. The
Company believes that its expertise in equipment hosting,
management, and operations, combined with its deep understanding of
the cryptocurrency market, led the two clients to
choose BTC Digital's services. Both clients also indicated plans
for large-scale purchases of Bitcoin mining machines
in the future, intending to entrust BTC Digital with further
hosting and management, which may lead to a long-term stable
partnership.
"We are thrilled to sign hosting agreements with these two
important clients and provide hosting, management, and technical
services for their 1,100 Bitcoin miners in
the United States. Our goal is to
offer efficient and reliable hosting, management, and technical
services, and we hope the hosting agreements will provide an
opportunity to accelerate our development in the
cryptocurrency mining sector," said the Company's
Chief Executive Officer, 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 "may", "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.
