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ZBAI in with 600 shares GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ZBAI), today announced its strategic expansion into the Bitcoin (BTC) sector with an ambitious five-year plan to accumulate 1,000 BTC through a combination of direct purchases, and mining operations. As part of this initiative, ATIF Holdings will deploy a hybrid approach in the next five years including: - Direct acquisition of BTC in the open market; - Building and Operating proprietary BTC mining facilities; and/or acquiring operating BTC mining sites The company has tentatively selected West Texas as the primary location for its proprietary mining operations. This decision is driven by several key factors: Texas' favorable regulatory environment for digital asset mining, abundant and affordable land, and a well-developed, deregulated electricity market with competitive power costs. Additionally, ATIF Holdings aims to implement advanced power utilization strategies to further reduce production costs and enhance overall operational efficiency.
ZBAI, crypto and mining news, fintech.