Brief: SMI Vantage Says It Began Cryptocurrency Mining Ops In Brunei

SMI Vantage

12/05/2022 11:27

May 12 (Reuters) - SMI Vantage Ltd  SMIV.SI :
    * STARTED CRYPTOCURRENCY MINING OPERATIONS IN BANDAR SERI
BEGAWAN,
BRUNEI
    * HAS SIGNED LEASES WITH TWO LOCATIONS
    * EXPECTED TO SIGN TWO MORE LEASES IN NEAR FUTURE
    * SHIPMENT OF REMAINING 1,500 CRYPTOCURRENCY MINING MACHINES
DELAYED BY VARIOUS SUPPLY CHAIN IMPEDIMENTS IN CHINA
    * CURRENTLY DEVELOPING PLANS TO BUY LATEST CRYPTOCURRENCY
MINING
MACHINES

Source text for Eikon:  ID:nSN8lXlVF 
Further company coverage:  SMIV.SI 

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