BTC Digital Provides Updates on its Digital Currency Business for the Second Quarter of 2023
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: PR Newswire
SHENZHEN, China, Sept. 5, 2023 /PRNewswire/ -- BTC Digital Ltd. (" BTC Digital" or the "Company") (NASDAQ: METX), a blockchain technology company, today provided updates on the Company's digital currency business for the second quarter of 2023.As of June 30, 2023, BTC Digital had deployed a total of 1,754 BTC miners in operation, with a total mining hash rate of 188PH/s and a total output of 35.07 BTC.At the beginning of August 2023, 200 S19J PRO mining machines acquired by the Company through share issuance have been deployed, and the mining hash rate has been increased by 22 PH/s.The Company plans to acquire additional units of BTC miners by the end of 2023 through issuing shares, effecting mergers and acquisitions, or with proceeds of financings. The Company is currently negotiating with potential sellers for the acquisition of mining machines.In the future, the Company considers building its own and/or acquiring third-party manufactured BTC miners in North America, finding probabl
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