Intchains Group Limited (ICG) Announces Updates to Its ETH Activity and Holdings

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Intchains Group Limited Announces Updates to Its ETH Activity and Holdings

November 29, 2024 11:14 AM EST

SHANGHAI, China, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (we, or the Company), an innovative altcoins development company that primarily focuses on providing integrated solutions consisting of high-performance computing ASIC chip products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications, today announces updates to its ETH activity and holdings.

During the period between September 30, 2024 and November 28, 2024, the Company acquired approximately 915.3 ETHs for approximately RMB20.7 million (US$2.9 million) in cash,... More