Cryptocurrency mining hardware retailer Phoenix Technology will invest $300 million for global expansion

ChainCatcher news, Middle Eastern cryptocurrency mining hardware retailer Phoenix Technology announced an investment of $300 million for the acquisition, development, maintenance, and operation of mining sites worldwide. In August of this year, Phoenix Technology appointed a new CEO, Carl Agren, and signed an exclusive regional sales partnership with Bitmain's Antminer. (prnewswire)