Bluehole Interactive invests in EcoPowX, a Bitcoin network computing power service provider, to further expand its business in the Web3 field.

BlockBeats reported on January 8th that Hong Kong-based gaming company, Bluehole Interactive Group Limited (HK.8267), announced in a recent statement that it has successfully signed a share subscription agreement to invest $1.26 million in EcoPowX, a Bitcoin network and AI computing power innovation service company, for a 30.3% stake. The company primarily focuses on providing computing power solutions for artificial intelligence and Bitcoin networks through environmentally-friendly gas-fired power generation technology. EcoPowX collaborates with large oil fields and natural gas processing equipment suppliers in West Africa to promote the environmental treatment of torch gas in oil areas. This not only contributes to the sustainable development of the cryptocurrency market and blockchain technology infrastructure network but also provides new solutions for energy demand in the field of artificial intelligence. Bluehole Interactive stated that this investment in EcoPowX aims to diversify its cryptocurrency investment portfolio to adapt to the constantly changing market environment. The company remains optimistic about the future market outlook and promises to continue investing resources in the Web3 and technological innovation fields to promote the long-term development of related businesses. This investment not only reflects Bluehole Interactive's forward-looking layout in the blockchain technology and cryptocurrency fields but also demonstrates the company's strategic expansion in the Web3 field. In addition, it also highlights Bluehole Interactive's efforts to fulfill corporate social responsibility, especially in the areas of environmental protection and sustainable development.