The Company continues to take a risk-focused approach to weather the storm and capitalize on the next bull run: Continued exploration of strategic options to monetize assets, including approximately $67 million of prepayments already made to Bitmain with respect to an additional ~6.7 EH/s of miners; Strategic focus remains on expanding our self-mining capacity; In parallel, assessment of opportunities to utilize available data center capacity in the near-to-medium term via potential third-party hosting, recognizing the scarcity of industry hosting data center capacity in the current market
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Published first on TheFly
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