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AXP Energy Limited ( (AU:AXP) ) just unveiled an announcement.
AXP Energy Limited has successfully completed a 14-day gas-to-power trial at its Pathfinder production hub in Colorado, achieving 1.5 MW/hour of electricity with over 90% uptime post-trial. The company has partnered with NASDAQ-listed BitFuFu, a leading bitcoin miner, to expand operations to 25 MW/hour by the end of 2025, utilizing its substantial gas resources. This collaboration marks a significant step in scaling up AXP’s bitcoin mining capabilities, positioning the company for further growth in North America.
More about AXP Energy Limited
AXP Energy Limited is an energy company focused on gas-to-power operations, leveraging its natural gas resources to support various industries. The company is expanding its operations in the bitcoin mining sector, collaborating with global partners to enhance its market presence.
Current Market Cap: $6.25M
For detailed information about AXP stock, go to TipRanks’ Stock Analysis page.