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Arctic Core AS Partners with Major U.S. Blockchain Firm for Kautokeino Site Expansion

Story Highlights
  • Arctic Core AS partners with a U.S. blockchain firm for Kautokeino site development.
  • The partnership aims to expand site capacity and enhance Arctic Core’s industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Harmonychain AS ( (DE:7EW) ) has issued an update.

Arctic Core AS, a subsidiary of Lokotech Group AS, has signed a partially binding Letter of Intent with a major U.S. blockchain company for the joint development of the Kautokeino site in Northern Norway. This partnership, which includes the construction of necessary infrastructure and aims to increase the site’s capacity, marks a significant expansion milestone for Arctic Core, enhancing its industry positioning and commitment to sustainable energy solutions.

More about Harmonychain AS

Harmonychain AS operates in the blockchain and cryptocurrency industry, focusing on developing and managing data centers and mining pools. The company is committed to leveraging Norway’s renewable energy resources to support international clients in establishing operations.

YTD Price Performance: -39.33%

Average Trading Volume: 1,613

Technical Sentiment Signal: Buy

Current Market Cap: €18.04M

See more data about 7EW stock on TipRanks’ Stock Analysis page.

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