BitVentures Limited enters cryptocurrency mining, purchasing Bitmain hardware to mine BTC, LTC, and DOGE. It acquires 0.5 megawatts of power capacity in US data centers. The company plans to expand into staking and node operations. Previously known as Santech Holdings, it rebranded to focus on technology ventures.

Publicly listed companies like BitVentures are turning to digital assets to boost struggling businesses. Others, like 180 Life Sciences, Mill City Ventures, Upexi, and Nature’s Miracle, have adopted digital asset treasury strategies. BitVentures’ share price has dropped by 89% lifetime, with a recent 6% rally. Financial performance decline led to the strategic pivot.

Read more at Cointelegraph: BitVentures Pivots into Crypto Mining After Nasdaq Rebrand