AirNet Technology (ANTE) has released an update.
AirNet Technology Inc. has struck a deal to acquire 6,218 Bitcoin Miner S21 units for around RMB 177.2 million, indicating the company’s strategic move to invest in the lucrative cryptocurrency sector amidst a bullish Bitcoin market. The completion of this sizable transaction hinges on receiving necessary corporate approvals, and there’s no certainty on when these acquired miners will start yielding economic benefits.
For further insights into ANTE stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
