Bitcoin mining company Mawson sells its Texas mining facility for $8.5 million.
BlockBeats reported on April 19th that Mawson, a Bitcoin mining company, sold its Texas mining facility to M Turing VCC Oracle Phase 1 Fund, a fund under Singapore's Mainnet Capital, for $8.5 million.
Mawson stated that the proceeds from the sale will be used to further reduce debt and provide funding for future expansion at Mawson's other locations.