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China Xiangtai Food : Announces completion of its first purchase of spot bitcoin miners worth US$7,000,000 with total hash rate of 69,000 Th/s – Form 6-K | MarketScreener

December 18, 2021
Source: marketscreener.com marketscreener.com
News Snapshot:
China Xiangtai Food Co., Ltd. Announces completion of its first purchase of spot bitcoin miners worth US$7,000,000 with total hash rate of 69,000 Th/s CHONGQING, China, Dec. 15, 2021 (GLOBE NEWSWIRE) -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in agricultural business with a diversified expansion strategy, today announced that the Company has entered into an asset purchase agreement through its Canadian subsidiary with a local company for the purchase of 742 spot first-tier new Bitcoin miners worth approximately US$7 million. The miners have all arrived at a mining facility in...
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