The investment company DL Holdings Group Limited, which quotes on the Hong Kong Stock Exchange under the 1709.hk ticket, announced a strong disbursement to undermine and accumulate Bitcoin (BTC) in two countries, Paraguay and Oman.
He has signed two cards with Bitmain, the largest manufacturer of Bitcoin and cryptocurrency mining machines, for invest 320 million dollars from Hong Kong (HK), equivalent to more than 40 million US dollars (USD).
With this disbursement, made through a combination of financing of internal resources and loans from its antalpha partner, it plans to acquire 2,995 hydorrefrigerate miners antminer S21 series to install in data centers in Oman and Paraguay. In addition, Bitmain will provide comprehensive accommodation services, as well as operation and maintenance.
As reported, the collaboration marks a key step in the DL strategy for the digital asset business. The company aspires to become the two -year framework in Hong Kong’s quoted company with the biggest Bitcoin hashrate.
Unlike the predominant approach of assigning assets by buying Bitcoin in the secondary market, DL has chosen to acquire mining machines to accumulate holdings in the currency, with the aim of establishing an infrastructure for the hashrate under its own control.
This way, countries as different and distant as Paraguay in Latin America and Oman in Asia prosper in the development of Bitcoin mining activitiesin the face of lower energy costs and facilities for the industry they offer.
In tune, this month, as Cryptonoticias reported, the American company dedicated to the mining of Bitcoin Hive Digital Technologies (HIVE) announced the completion of the second phase of its Yguazú project to install Bitcoin miners in Paraguay.