SINGAPORE, Feb. 13, 2024 /PRNewswire/ — X3 Holdings Co., Ltd. (NASDAQ:XTKG) (“X3 Holdings” or the “Company”), a global provider of digital solutions and technology services spanning diverse industries, is pleased to announce the signing of a multi-year hosting agreement with a leading bitcoin mining hosting facility in Central Asia.
As per the agreement, the hosting facility will provide comprehensive bitcoin mining services, including access to a hydro-powered electrical infrastructure, high-speed broadband connectivity, and operational support and services. X3 Holdings will strategically deploy the next generation of highly energy efficient and high-performance miners in phases at this facility, with a combined hash rate expected to reach 1.4EH/s by 2025.
Stewart Lor, CEO of X3 Holdings, expressed his satisfaction, stating, “We are delighted to expand and strengthen our partnership with a top-tier hosting facility. Our commitment to increasing our capacity at this hydro-powered facility with cost-effective electricity marks a significant stride toward our aggressive expansion of the miner …
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