SOS Kicks off Constructions of Cloud Crypto Mining Center in Hejiang County, Luzhou, Sichuan
SOS Limited American Depositary Shares (SOS)
Company Research
Source: PR Newswire
QINGDAO, China, Feb. 25, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that it entered into a definitive agreement with Leibodong Hydropower Station("Leibodong") in Hejiang County, Luzhou, Sichuan. Pursuant to the definitive agreement, Leibodong will supply SOS with electricity and physical space to house crypto mining rigs for a term of three years in order for SOS to operate its own cloud crypto mining and big data center. Pursuant to the definitive agreement, Leibodong shall lease SOS with its own physical site or sublease physical site which are expected to be approximately 1350 square meters (approximately 14531.28 square foot) for SOS to house about 3500 sets of crypto mining rigs. The rent is about RMB 3.50 (approximately $0.5422) per square meter per month. SOS Chairman Yandai Wang commented, "We are glad to enter into the definitive agreement with with Leibodong after three weeks' of negotiation since we entered the framework agre
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News
- SOS Ltd. Announces Pricing of $7.85 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- SOS Ltd. Announces Pricing of $7.85 Million Public OfferingPR Newswire
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S. [Yahoo! Finance]Yahoo! Finance
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S.PR Newswire
SOS
Sec Filings
- 3/26/24 - Form 144
- 3/25/24 - Form SC
- 3/25/24 - Form SC
- SOS's page on the SEC website