Brief: Airnet Announces Purchase Of Cryptocurrency Mining Machines

Yueda Digital Holding

27/01/2022 14:18

Jan 27 (Reuters) - Airnet Technology Inc  ANTE.O :
    * AIRNET ANNOUNCES PURCHASE OF CRYPTOCURRENCY MINING
MACHINES AND
LEASE OF OFFICE SPACE IN THE U.S.
    * ANNOUNCED ENTRY INTO AN EQUIPMENT PURCHASE AGREEMENT FOR
PURCHASE OF 4,800 BITMAIN ANTMINER S-19 XP MINERS
    * AGGREGATE PURCHASE PRICE FOR THESE MINERS IS APPROXIMATELY
US$60
MILLION
    * INTENDED DELIVERY IN EQUAL MONTHLY INSTALLMENTS OF 800
UNITS IN
SECOND HALF OF 2022 IN UNITED STATES
    * BUSINESS PARTNER, FOUNDRY DIGITAL LLC WILL PROVIDE
FINANCING
THROUGH ITS FOUNDRY X
    * AGREED TO LEASE APPROXIMATELY FOUR ACRES OF LAND INCLUDING
ABOUT
22,603 SQUARE FEET OF OFFICE SPACE IN HOUSTON, TEXAS

Source text for Eikon:  ID:nPn4zsC7a 
Further company coverage:  ANTE.O 

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