Brief: TAOP And Bitmain Sign Purchase Agreement For Antminer S19j Pro Bitcoin Mining Machines

Taoping

15/04/2021 13:38

April 15 (Reuters) - Taoping Inc  TAOP.O :
    * TAOP AND BITMAIN SIGNED A PURCHASE AGREEMENT FOR ANTMINER
S19J
PRO BITCOIN MINING MACHINES
    * TAOPING INC - TAOP WILL PURCHASE ANTMINER S19J PRO BITCOIN
MINING MACHINES WITH A TOTAL ORDER VALUE OF ABOUT $24 MILLION
    * TAOPING INC - PURCHASE WILL BE FUNDED BY A LINE OF CREDIT
BACKED
BY PERSONAL REAL ESTATE OF JIANGHUAI LIN, CHAIRMAN, CEO OF TAOP
    * TAOPING INC - UPON COMPLETION OF DELIVERIES UNDER PURCHASE
AGREEMENT, TAOP IS EXPECTED TO OWN AN ADDITIONAL HASH RATE OF
ABOUT 300,000 TH/S

Source text for Eikon:  ID:nGNX9rXkpV 
Further company coverage:  TAOP.O 

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