Miner BTC Digital Acquires 220 ASIC Devices

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BTC Digital, a company listed on the Nasdaq exchange, formerly known as Meten Holding, has announced the acquisition of 220 Antminer S19j Pro ASIC miners.

The purchase was made for $968,800 in stock and the machines are expected to be delivered and put into operation by the end of November.

With these additional machines, the company’s total mining fleet will now consist of 2,174 units, providing a combined hashrate of 230 PH/s.

BTC Digital has expressed its commitment to continue expanding its cryptocurrency business by acquiring more mining devices.

The company believes that operating a larger number of machines will contribute to its financial stability and long-term growth.

In August, Meten Holding changed its name to BTC Digital and began trading on Nasdaq under the ticker BTCT, instead of METX.

In July, the company had also announced the purchase of 200 Antminer S19j Pro ASIC miners for $880,000, with plans to have them delivered and operational by the end of that month.