- SaaS solutions and Blockchain applications provider Powerbridge Technologies Co Ltd PBTS inked an agreement with Cryptodigital Holdings Ltd.
- Cryptodigital will provide related services to Powerbridge to acquire a certain number of Bitcoin BTC/USD and Ethereum ETH/USD miners and develop and manage the mining operations in Asia and North America under the arrangement.
- The financial terms of the agreement remain undisclosed.
- The partnership will help the company achieve a competitive level of mining fleet and hash rate.
- Powerbridge recently disclosed plans to expand operations to include mining cryptocurrency.
- Price Action: PBTS shares traded higher by 13.9% at $1.72 in the premarket session on the last check Tuesday.
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