SOS Limited Expands Its Texas Mining And Hosting Centre And Signs Hosting Agreement With BITMAIN; Total Number Of Hosting Mining Rigs Is 6K Units, Delivered In 2 Batches OF 3K; Agreement To Generate $1M In Monthly Revenue
Portfolio Pulse from Benzinga Newsdesk
SOS Limited has expanded its Texas mining and hosting centre and signed a hosting agreement with BITMAIN. The total number of hosting mining rigs is now 6,000 units, delivered in two batches of 3,000. This agreement is expected to generate $1M in monthly revenue.
August 24, 2023 | 1:11 pm
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SOS Limited's expansion of its mining centre and new agreement with BITMAIN is expected to generate significant monthly revenue, potentially boosting its stock.
The expansion of SOS Limited's mining centre and the new agreement with BITMAIN is expected to generate $1M in monthly revenue. This significant increase in revenue could lead to a positive impact on the company's stock price in the short term.
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