Futu news on November 14 reported that a blockchain technology company$BTC Digital (BTCT.US)$Today, the stock rose before the market opened. As of the time of writing, the stock price increased by 14.45% to $20.2, with a pre-market trading volume of $0.7842 million.
In terms of news, BTC Digital signed a bitcoin miner equipment custody agreement yesterday with an asia-based digital asset management consulting company (Recte Technologies Company Limited) and an asia-based cryptocurrency mining fund (ASIA INVESTMENT FUND SP2), to manage 1,100 bitcoin mining machines, including ANTMINER T21 and ANTMINER L7 models. BTC Digital will be responsible for deploying these devices in the usa and provide custody, management, and other services.
The signing of this custody agreement marks BTC Digital's further development and influence in the cryptocurrency mining industry. The company believes that its expertise in equipment custody, management, and operation, coupled with a deep understanding of the cryptocurrency market, led the two clients to choose BTC Digital's services. The two clients also stated that they plan to purchase bitcoin mining machines on a large scale in the future and intend to entrust BTC Digital for further custody and management, which may establish a long-term stable partnership.
About the company
BTC Digital is a blockchain technology company, and its long-term global strategy is to create value in the virtual world, blockchain, and cryptos mining industry.
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It is worth mentioning that industry insiders have stated to futu news that due to the lack of price limit, small-cap US stocks experience significant fluctuations, which carries higher risks, and investors need to be aware of the risks.