Bitmain has signed an agreement with Bitcoin mining company BTC Digital to sell 2,000 T21 mining machines for a total of $5.32 million. The related equipment is expected to be delivered and put into operation in the first half of 2024. It is reported that BTC Digital plans to deploy these high-performance mining machines in the United States. After the deployment is completed, the company will have a total of 4,174 mining machines and a total computing power of 614PH/s.

BTC Digital Ltd., a bitcoin mining company listed on Nasdaq, announced that it has signed a subscription agreement with three individual investors to issue and sell 303,497 shares of common stock with a face value of $0.06 per share, raising a total of $1,014,286 or $3.342 per share.

BTC Digital, a China-based company that provides English language training services, has announced the purchase of 220 new Bitcoin mining units, bringing its total to 2,174 machines with over 230PH/s of computing power. The new acquisitions are expected to become operational by the end of November. The company made the deal with two unaffiliated third parties for Bitmain Antminer S19j Pro units in exchange for shares of ordinary company stock valued at $968,800. BTC Digital expanded into Bitcoin mining at the end of 2021 and aims to continue improving its financial conditions and maximizing value for shareholders with the recent purchases and plans to increase the number of mining machines.