ZHUHAI, China, Aug. 12, 2021 /PRNewswire/ -- Powerbridge
Technologies Co., Ltd. (Nasdaq: PBTS) ("Powerbridge" or the
"Company") is pleased to announce that Powerbridge plans to invest
and engage in the cryptocurrency mining for Bitcoin (BTC) and
Ethereum (ETH) with planned operations globally. The Company has
assembled a team of industry veterans in cryptocurrency and
technology to support the development and growth of its digital
asset business.
Stewart Lor, President and Chief
Financial Offer commented: We are optimistic about the positive
outlook of the cryptocurrency market. Our initiative to engage in
crypto mining is an important part of our overall blockchain
strategy. We strive to continually build a clean energy based BTC
and ETH mining network globally. We believe our crypto mining
business will generate valuable digital assets that help accelerate
the Company's growth.
ABOUT POWERBRIDGE
Powerbridge Technologies Co., Ltd., a Nasdaq listed technology
company is primarily engaged in providing SaaS solutions
(Powerbridge SaaS) and Blockchain applications (Powerbridge
Blockchain). Powerbridge Blockchain consists of BTC and ETC
cryptocurrency mining, IPFS distributed network services, and
industry specific blockchain applications. Powerbridge SaaS
integrates AI, big data, and IoT technologies to provide SaaS
platforms for global trade and cross-border e-commerce, supply
chain, data intelligence and IoT applications.
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SOURCE Powerbridge Technologies