tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

London BTC Company Limited Surpasses 1,000 Bitcoin Miners in North America

Story Highlights
  • London BTC Company Limited has over 1,000 operational Bitcoin miners in North America.
  • The company’s expansion strengthens its financial position and aligns with Bitcoin network incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
London BTC Company Limited Surpasses 1,000 Bitcoin Miners in North America

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Vinanz Limited ( (GB:BTC) ) has provided an announcement.

London BTC Company Limited has achieved a significant milestone by surpassing 1,000 operational ASIC Bitcoin miners in North America, marking a major step in its business strategy to expand its Bitcoin mining fleet. This expansion, particularly with the addition of 385 miners in Indiana, strengthens the company’s financial position by increasing its exposure to Bitcoin and aligning with the long-term incentives of the Bitcoin network, while maintaining a debt-free status and holding substantial Bitcoin in its treasury.

More about Vinanz Limited

London BTC Company Limited is a bitcoin treasury company listed on the London Stock Exchange and the US OTCQB. It focuses on building a strategic bitcoin holding through acquiring bitcoin and conducting bitcoin mining operations across North America, with facilities in Indiana, Iowa, Nebraska, Texas, and Labrador, Canada.

Average Trading Volume: 2,626,761

Technical Sentiment Signal: Strong Sell

Current Market Cap: £18.39M

For an in-depth examination of BTC stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1