Bit Origin Limited (BTOG) Completes the Acquisition of 622 Miners
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Bit Origin Ltd Completes the Acquisition of 622 Miners
August 15, 2022 8:00 AM EDTNew York, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that the Company entered into an asset purchase agreement (the Agreement) with About Offshore Limited, a company engaging in the business of trading Bitcoin mining machines, to purchase 622 Antminer S19j pro Bitcoin Miners, which are expected to ramp up the hash rate of the Company's miner fleet by over 62,200 TH/s.
Pursuant to the... More