Express

Future Fintech To Acquire Bitcoin Mining Firm Nanjing Ribensi For $9.1 Million

Mary Liu

Summary: Future FinTech (FTFT.US) announced that it has signed an acquisition framework agreement with Ribensi Electronic Technology Co., Ltd. (Nanjing Ribensi) and will pay 60 million yuan (approximately $9.1 Million) to acquire Nanjing Ribensi, which has a Bitcoin mining farm that can accommodate 30,000 Bitcoin mining machines. Future Fintech is a financial technology service provider registered ...

Future FinTech (FTFT.US) announced that it has signed an acquisition framework agreement with Ribensi Electronic Technology Co., Ltd. (Nanjing Ribensi) and will pay 60 million yuan (approximately $9.1 Million) to acquire Nanjing Ribensi, which has a Bitcoin mining farm that can accommodate 30,000 Bitcoin mining machines.

Future Fintech is a financial technology service provider registered in Florida, operating businesses include blockchain-based online shopping platforms, cross-border e-commerce platforms, and incubators for blockchain application projects.

By Mary Liu

Last Update:

Tags: ,,,
Link: Future Fintech To Acquire Bitcoin Mining Firm Nanjing Ribensi For $9.1 Million   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 9 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 16 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 20 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 23 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 27 days ago
  • You need to login to comment.