Brief: Sino-Global Enters Bitcoin Mining Machine Joint-Venture With Highsharp

Singularity Future Technology

04/10/2021 13:38

Oct 4 (Reuters) - Sino-Global Shipping America Ltd  SINO.O :
    * SINO-GLOBAL SHIPPING AMERICA LTD - IN CONNECTION WITH
ENTRY INTO
JV, SINO-GLOBAL WILL MAKE A $10 MILLION INVESTMENT IN NEXT MONTH
TO FUND JV'S OPERATIONS
    * SINO-GLOBAL SHIPPING AMERICA LTD - AGREED TO INVEST AN
ESTIMATED
$50 MILLION OVER NEXT FEW YEARS TO SUPPORT WORK PERFORMED IN U.S
    * SINO-GLOBAL SHIPPING AMERICA LTD - HIGHSHARP WILL BE
EXCLUSIVE
DESIGNATED SUPPLIER OF HIGH-PERFORMANCE COMPUTING CHIPS FOR JV

Source text for Eikon:  ID:nPn4bM511a 
Further company coverage:  SINO.O 

 ((Reuters.Briefs@thomsonreuters.com;))