AirNet Technology (ANTE) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
AirNet Technology Inc. has struck a deal to acquire 6,218 Bitcoin Miner S21 units for around RMB 177.2 million, indicating the company’s strategic move to invest in the lucrative cryptocurrency sector amidst a bullish Bitcoin market. The completion of this sizable transaction hinges on receiving necessary corporate approvals, and there’s no certainty on when these acquired miners will start yielding economic benefits.
For further insights into ANTE stock, check out TipRanks’ Stock Analysis page.

