The International Business Settlement's Crypto Joint Venture will Acquire $10.9 Million Worth of Cryptocurrency Mining Hardware

BlockBeats News, September 19th, according to an announcement from the Hong Kong Stock Exchange, International Business Settlement (00147.HK) announced that the buyer, Keen Golden Limited (a joint venture entity owned by the company established to conduct cryptocurrency-related business with a 70% equity interest), has entered into separate purchase agreements with the sellers, Bitmain Technologies and Tecnoenergia Capital, for the purchase of cryptocurrency mining hardware and other equipment or goods, with a total consideration (post-tax) of approximately $10.9 million.