Brief: Arcane Crypto Unit Enters Agreement With Luxor Technology

K33 AB (publ)

19/10/2021 07:08

Oct 19 (Reuters) - Arcane Crypto AB  ARCANE.ST :
    * ARCANE GREEN DATA ENTERS AGREEMENT WITH LUXOR TECHNOLOGY
CORPORATION AND GOES LIVE WITH CURRENT HOSTING CAPACITY
    * ARCANE CRYPTO'S WHOLLY OWNED SUBSIDIARY ARCANE GREEN DATA
SERVICES AS HAS ENTERED INTO AN AGREEMENT WITH US-BASED LUXOR
TECHNOLOGY CORPORATION REGARDING SALE OF COMPUTING POWER FOR
MINING OPERATIONS.
    * ARCANE GREEN DATA WILL INVEST IN ADDITIONAL MINING
EQUIPMENT AND
EXPECTS THAT FULL CAPACITY OF 2.5 MW WILL BE UTILIZED BY BITCOIN
MINERS IN Q1 2022

Source text for Eikon:  ID:nBQNpnQbB 
Further company coverage:  ARCANE.ST 

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