SINGAPORE, Feb. 13,
2024 /PRNewswire/ -- X3 Holdings Co., Ltd. (Nasdaq:
XTKG) ("X3 Holdings" or the "Company"), a global provider of
digital solutions and technology services spanning diverse
industries, is pleased to announce the signing of a multi-year
hosting agreement with a leading bitcoin mining
hosting facility in Central
Asia.
As per the agreement, the hosting facility will provide
comprehensive bitcoin mining services, including
access to a hydro-powered electrical infrastructure, high-speed
broadband connectivity, and operational support and services. X3
Holdings will strategically deploy the next generation of highly
energy efficient and high-performance miners in phases at this
facility, with a combined hash rate expected to reach 1.4EH/s by
2025.
Stewart Lor, CEO of X3 Holdings,
expressed his satisfaction, stating, "We are delighted to expand
and strengthen our partnership with a top-tier hosting facility.
Our commitment to increasing our capacity at this hydro-powered
facility with cost-effective electricity marks a significant stride
toward our aggressive expansion of the miner fleet in the near
future."
About X3 Holdings
X3 Holdings Co., Ltd. (Nasdaq: XTKG) is a global provider of
digital solutions and technology services spanning diverse
industries. The Company is operating across diversified business
segments in digital technologies, cryptomining operations,
renewable energy and agriculture technologies. X3 Holdings is
headquartered in Singapore with
subsidiaries and operations globally. For additional information,
please visit www.x3holdings.com.
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements; specifically, the Company's statements
regarding listing on the NASDAQ Capital Market and the IPO are
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; product and service demand and acceptance;
changes in technology; economic conditions; reputation and brand;
the impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in the
markets that the Company operates and assumptions underlying or
related to any of the foregoing and other risks contained in
reports filed by the Company with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please contact:
Corporate Investor Relations
X3 Holdings Co., Ltd.
Email: ir@x3holdings.com
Website: www.x3holdings.com
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SOURCE X3 Holdings Co., Ltd.