Fortitude plans to spend up to $100 million to purchase Bitmain's next-generation Zcash mining machines.

BlockBeats news, October 6 — Fortitude has secured priority procurement allocation for Bitmain's next-generation Zcash mining machines, with the two parties reaching a non-binding procurement intent valued at up to $100 million.

Under the arrangement, the relevant mining machines are expected to begin delivery in the second quarter of 2027, though the specific delivery schedule remains subject to final product specifications and pricing. As the agreement is currently not legally binding, the actual procurement scale and transaction terms remain uncertain. (The Block)