SMI Vantage and The9 Strengthen Partnership in Bitcoin Mining and AI Collaboration
Portfolio Pulse from Benzinga Newsdesk
SMI Vantage Limited and The9 Limited have signed a Cooperation Agreement to enhance their partnership in Bitcoin mining and explore new AI opportunities. SMI Vantage will host up to 100 of The9's bitcoin machines and explore new digital mining locations in Southeast Asia and the Middle East. The companies will also look for AI technology collaboration opportunities.
August 02, 2024 | 9:15 am
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The9 Limited has signed a Cooperation Agreement with SMI Vantage to enhance their Bitcoin mining operations and explore AI technology opportunities. SMI Vantage will host up to 100 of The9's bitcoin machines and explore new digital mining locations.
The9 Limited's partnership with SMI Vantage to enhance Bitcoin mining operations and explore AI opportunities is likely to positively impact The9's stock in the short term. Hosting additional bitcoin machines and exploring new mining locations can increase The9's mining capacity and revenue potential.
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