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AVAX One plans to build a 10-megawatt AI data center in Canada and purchase 220 Bitmain mining rigs

GateNews
Project Progress
AVAX8,83%
BTC4,28%

Gate News message. On April 8, Nasdaq-listed company AVAX One announced a strategic plan to develop a 10-megawatt artificial intelligence/high-performance computing microgrid data center in Alberta, Canada. At the same time, AVAX One purchased 220 Bitmain S21 Pro ASIC mining rigs to expand its bitcoin mining business. In addition, AVAX One continues to advance its digital asset management strategy and Avalanche ecosystem plan, including exploring yield opportunities based on decentralized finance and assessing strategic transactions to support the migration of financial applications to the Avalanche blockchain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
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