An announcement from Color Star Technology ( (ADD) ) is now available.
On February 26, 2025, Color Star Technology Co., Ltd.’s subsidiary, Model Queen Limited, entered into a purchase and sale agreement with BTC KZ to acquire cryptocurrency mining hardware. The transaction, valued at $35 million, was finalized on March 19, 2025, and involved a mix of cash and restricted shares. This strategic move is expected to enhance Color Star Technology’s position in the cryptocurrency mining industry by expanding its operational capabilities and market reach.
More about Color Star Technology
Color Star Technology Co., Ltd. operates in the technology sector, focusing on cryptocurrency mining hardware and related equipment. The company is involved in acquiring and distributing such equipment through its wholly-owned subsidiary, Model Queen Limited.
YTD Price Performance: -54.87%
Average Trading Volume: 1,755,730
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $620.8K
For a thorough assessment of ADD stock, go to TipRanks’ Stock Analysis page.