BitVentures makes first crypto mining move weeks after Nasdaq rebrand
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BitVentures Limited has launched a cryptocurrency mining business shortly after rebranding from Santech Holdings to focus on blockchain ventures. The Hong Kong-based company acquired mining hardware from Bitmain to mine Bitcoin, Litecoin, and Dogecoin, with operations expected to start soon. This move is part of a broader digital assets strategy, including plans for staking and node operations. BitVentures has seen a significant decline in share price, with zero revenue reported in the first half of fiscal year 2025, prompting the pivot to digital assets.
Source: Cointelegraph The copyright of this article belongs to the original author/organization.
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