Nasdaq-listed blockchain company Meten Holding has just announced the purchase of 200 Antminer S19j Pro ASIC miners.
According to the press release, payment for the devices will be made through METX shares valued at $880,000. The devices must be delivered and connected by July 31.
Meten Holding has put a total of 1,754 miners into operation. With the arrival of the new devices, the company's hashrate will exceed 208PH/s. The firm has reported that it intends to continue expanding its cryptocurrency business, as mining will "ensure financial stability and long-term growth."
Alan Peng, CEO of Meten Holding Group, has said:
"With the recent purchases and our plan to further increase the number of mining machines, we aim to continue improving our financial conditions as well as maximizing value for our shareholders."
US firm CleanSpark has previously purchased 45,000 Antminer S19 XP mining devices for a total of $144.9 million, and prior to that, the company bought 20,000 Antminer S19j Pro+.