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International Business Settlement Holdings Limited ( (HK:0147) ) has issued an update.
International Business Settlement Holdings Limited has announced the formation of a joint venture to expand its cryptocurrency-related business, specifically through Bitcoin mining. The joint venture plans to purchase supercomputing servers from a leading global supplier and will manage operations with a team of experts. This move aligns with the company’s strategy to capitalize on the growing Fintech industry and digital asset ecosystem, supported by the Hong Kong Government’s policies.
The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.
More about International Business Settlement Holdings Limited
International Business Settlement Holdings Limited operates in the Fintech industry, focusing on innovative financial technology solutions. The company is involved in various Fintech-related services and infrastructure projects, with a market focus on cryptocurrency and digital asset ecosystems.
Average Trading Volume: 49,826,335
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.33B
For an in-depth examination of 0147 stock, go to TipRanks’ Overview page.