Sheen Tai Holdings Group Co. Ltd. (HK:1335) has released an update.
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Sheen Tai Holdings Group Co. Ltd. is set to expand into the cryptocurrency space by acquiring a company with significant Bitcoin mining operations in the US. The acquisition leverages their expertise in power generation, aligning with their strategy to tap into the growing digital asset industry. The company sees Bitcoin as a long-term investment and plans to further develop its capabilities in this sector.
For further insights into HK:1335 stock, check out TipRanks’ Stock Analysis page.