Claim 55% 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
Harmonychain AS ( (DE:7EW) ) has shared an update.
Lokotech Group AS is advancing its Scrypt and AI ASIC project, which is estimated to be about two weeks from GDSII sign-off, with tape-out to follow, underscoring management’s confidence in the long-term value of this hardware initiative. The company is also growing its PowerPool and data center operations, signaling an expansion of its computing capacity and mining-related infrastructure.
To update stakeholders on these developments, Lokotech has scheduled a fireside chat with a Q&A session on March 27, aiming to provide a more in-depth discussion of current progress and the outlook for the next phase of its projects. This engagement is intended to enhance transparency, offer clarity on the company’s roadmap, and potentially strengthen investor and partner confidence in its ongoing technology rollout.
More about Harmonychain AS
Lokotech Group AS, through its subsidiary Harmonychain, operates in the cryptocurrency and high-performance computing sector, focusing on data centers, mining-related infrastructure, and development of specialized Scrypt and AI ASIC chips. The company targets stakeholders involved in digital asset mining, computing power services, and related technology investments.
Average Trading Volume: 2,177,347
Current Market Cap: NOK361.6M
For an in-depth examination of 7EW stock, go to TipRanks’ Overview page.