3e Network plans to acquire 4.9% stake in the cryptocurrency mining platform HashBeaver, valued at 30 million USD
Nasdaq-listed company 3e Network (SanYi Technology) announced that it has signed a Memorandum of Understanding (MoU) with Singapore's digital currency mining platform HASH BEAVER PTE. LTD (HashBeaver), intending to acquire 4.9% of the latter's equity at a valuation of $30 million. It is reported that 3e Network also plans to explore integrating its B2B software with HashBeaver's blockchain infrastructure.
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