Daily Scoop : Future Fintech (FTFT) Poised By Uptake Through Teracrypto

Future Fintech (NASDAQ:FTFT) Tuesday announced that its unit signed a data mining hosting agreement with Teracrypto Technology.

Under the contract, FTFT SuperComputing would provide hosting services for Teracrypto's Bitcoin models on its cryptocurrency farm in Norwalk, Ohio.

FTFT SuperComputing would be responsible for providing the hosting site, and installing, testing, and operating the bitcoin miners.

The unit also agreed to provide a continuous electrical power supply for the Bitcoin miners.

The agreement would be in force from March 15, 2024, to February 28, 2028.

FTFT +3.04% premarket to $1.05

Source: Press Release

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":288588271005784,"tweetId":"288588271005784","gmtCreate":1711488872253,"gmtModify":1711492065366,"author":{"id":4088639346266630,"authorId":4088639346266630,"authorIdStr":"4088639346266630","name":"daz888888888","avatar":"https://community-static.tradeup.com/news/8bbe8cd95504dc1e0dd3af78504d3f7e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"93.34%","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"470d3ab575ca43caaed8156645b7ccbe","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"💰 Stocks to watch today?(26 Apr)","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":470d3ab575ca43caaed8156645b7ccbe}&rnconfig={\"headerBarHidden\": true}","description":"1. What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"title":"Daily Scoop : Future Fintech (FTFT) Poised By Uptake Through Teracrypto ","html":"<html><head></head><body><a href=\"https://ttm.financial/S/FTFT\">$Future FinTech Group Inc.(FTFT)$</a>&nbsp;\nFuture Fintech (NASDAQ:FTFT) Tuesday announced that its unit signed a data mining hosting agreement with Teracrypto Technology.\nUnder the contract, FTFT SuperComputing would provide hosting services for Teracrypto's Bitcoin models on its cryptocurrency farm in Norwalk, Ohio.\nFTFT SuperComputing would be responsible for providing the hosting site, and installing, testing, and operating the bitcoin miners.\nThe unit also agreed to provide a continuous electrical power supply for the Bitcoin miners.\nThe agreement would be in force from March 15, 2024, to February 28, 2028.\nFTFT +3.04% premarket to $1.05\nSource: Press Release\nMore on Future Fintech Group\nFuture FinTech CEO Shanchun Huang denies SEC allegations\nFuture FinTech stock drops after CEO charged with manipulative trading by SEC\nFinancial information for Future Fintech Group</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/FTFT\">$Future FinTech Group Inc.(FTFT)$</a>&nbsp;\nFuture Fintech (NASDAQ:FTFT) Tuesday announced that its unit signed a data mining hosting agreement with Teracrypto Technology.\nUnder the contract, FTFT SuperComputing would provide hosting services for Teracrypto's Bitcoin models on its cryptocurrency farm in Norwalk, Ohio.\nFTFT SuperComputing would be responsible for providing the hosting site, and installing, testing, and operating the bitcoin miners.\nThe unit also agreed to provide a continuous electrical power supply for the Bitcoin miners.\nThe agreement would be in force from March 15, 2024, to February 28, 2028.\nFTFT +3.04% premarket to $1.05\nSource: Press Release\nMore on Future Fintech Group\nFuture FinTech CEO Shanchun Huang denies SEC allegations\nFuture FinTech stock drops after CEO charged with manipulative trading by SEC\nFinancial information for Future Fintech Group</body></html>","text":"$Future FinTech Group Inc.(FTFT)$ Future Fintech (NASDAQ:FTFT) Tuesday announced that its unit signed a data mining hosting agreement with Teracrypto Technology. Under the contract, FTFT SuperComputing would provide hosting services for Teracrypto's Bitcoin models on its cryptocurrency farm in Norwalk, Ohio. FTFT SuperComputing would be responsible for providing the hosting site, and installing, testing, and operating the bitcoin miners. The unit also agreed to provide a continuous electrical power supply for the Bitcoin miners. The agreement would be in force from March 15, 2024, to February 28, 2028. FTFT +3.04% premarket to $1.05 Source: Press Release More on Future Fintech Group Future FinTech CEO Shanchun Huang denies SEC allegations Future FinTech stock drops after CEO charged with manipulative trading by SEC Financial information for Future Fintech Group","highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/288588271005784","repostId":0,"isVote":1,"tweetType":1,"viewCount":114,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["FTFT"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":747,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/288588271005784"}