CEO Mike Levitt said in a statement that given enhanced liquidity from selling bitcoin, a new equity facility and “line of sight to improved hosting margins and manageable principal and interest payments” on their debt, the company is “well positioned” to navigate the market and emerge bigger, stronger and more profitable.
Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...