Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs

Denis Omelchenko

Shenzhen-headquartered telecommunications equipment company Coolpad Group has announced the purchase of $13.5 million worth of crypto mining rigs. Coolpad Group, a public Chinese telecom provider listed on the Hong Kong Stock Exchange, said in a regulatory filing it has allocated…

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Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs