{"id":47598,"date":"2021-08-12T17:41:20","date_gmt":"2021-08-12T14:41:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47598"},"modified":"2025-09-01T22:09:32","modified_gmt":"2025-09-01T19:09:32","slug":"nasdaq-listed-firm-worth-61m-to-pursue-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nasdaq-listed-firm-worth-61m-to-pursue-bitcoin-mining\/","title":{"rendered":"Nasdaq-listed firm worth $61m to pursue Bitcoin mining"},"content":{"rendered":"

The Nasdaq-listed Chinese blockchain company Powerbridge Technologies, with a market capitalization of $61 million, plans to expand its activities in the cryptocurrency market.<\/p>\n

In a press release<\/a>, the company said it intends to invest in digital assets and to mine Bitcoin and Ethereum. To this end, Powerbridge has assembled a ‘team of veterans of the crypto industry and technology’ to develop the new line of business.<\/p>\n

The company’s core business is providing software-as-a-service (SaaS<\/span>) and blockchain applications. Powerbridge combines artificial intelligence, big data and the Internet of Things to develop SaaS products in the fields of e-commerce, supply chains and data analytics.<\/p>\n

\n

“We are optimistic about the positive prospects of the cryptocurrency market. Our mining initiative is an important part of the overall blockchain strategy. We aim to build a global network for mining Bitcoin and Ethereum powered by clean energy,” said Stuart Lor, president and chief financial officer.<\/p>\n<\/blockquote>\n

As reported in January 2021, the Chinese internet company The9 Ltd announced entry into the mining industry. Within two days of the announcement, the company’s Nasdaq-listed shares surged 140%<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nasdaq-listed Chinese blockchain company Powerbridge Technologies, with a market capitalization of $61 million, plans to expand its activities in the cryptocurrency market.<\/p>\n","protected":false},"author":1,"featured_media":47599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-47598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=47598"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47598\/revisions"}],"predecessor-version":[{"id":47600,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47598\/revisions\/47600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47599"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}