Meten Holding Group Ltd. Announces Purchase of 200 Units of Antminer S19j Pro Bitcoin Mining Machines
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: PR Newswire
SHENZHEN, China, July 14, 2023 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), a blockchain technology company, today announced that it has entered into an asset purchase agreement with two unaffiliated third parties to acquire 200 units of Antminer S19j Pro (110 TH/s), Bitcoin mining machines, and has agreed to issue to the sellers ordinary shares of the Company valued at $880,000. The machines are expected to be delivered and put into operation by July 31, 2023.To date, the Company has put 1,754 mining machines into operation. The newly purchased 200 mining machines are expected to be delivered and put into operation by the end of this month, at which point the Company will have 1,954 units of Bitcoin mining machines with a computing power of more than 208PH/s.The Company intends to continue developing its cryptocurrency business through purchasing more mining machines. The Company believes that operating a growing number of mining m
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