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SMI Vantage places order for additional digital mining facility amid strong Bitcoin interest upsurge

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
SMI Vantage places order for additional digital mining facility amid strong Bitcoin interest upsurge
This follows the installation of its first containerised digital mining facility in January. Photo: Bloomberg
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SMI Vantage has placed orders for additional high-performance machines as well as an additional containerised digital mining facility to be installed in March.

This follows the installation of its first containerised digital mining facility in January.

The company has also signed a strategic partnership agreement with Frontier Mining, which specialises in digital asset management.

With the strong upsurge in interest in Bitcoin globally, this is an opportunity to increase SMI Vantage’s exposure and generate additional revenue and profitability, says president and CEO Mark Bedingham.

Shares in SMI Vantage closed 0.2 cents higher or 7.1% up on Feb 27 at 3 cents.

 

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