BTC Digital Ltd. $(BTCT)$, a blockchain technology company, has signed a strategic memorandum of understanding with Tianci International Inc. (NASDAQ: CIIT). The agreement outlines plans for broad cooperation in areas such as cryptocurrency mining, stablecoin-based payment and settlement solutions, real-world asset initiatives, and blockchain-enabled technology services. Under the MOU, CIIT intends to purchase approximately $5 million of cryptocurrency mining equipment, with BTCT providing comprehensive hosting, operations, and maintenance services. The two companies will also jointly explore further blockchain applications and digital transformation initiatives, leveraging BTCT's expertise to support CIIT's expansion in the digital asset ecosystem.
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