- Internet company The9 Ltd (NASDAQ:NCTY) subsidiary NBTC Limited and Kazakhstan’s LGHSTR Ltd inked a non-binding investment memorandum to establish a joint venture in Kazakhstan.
- NBTC will own a 51% stake in the joint venture, with LGHSTR accounting for the remaining 49%. NBTC will control the joint venture board.
- The joint venture aims to invest and build cryptocurrency mining sites with a total capacity of 200MW within two years.
- The joint venture will also carry out the operation and maintenance of cryptocurrency mining machines in Kazakhstan.
- Price Action: NCTY shares traded higher by 5.51% at $13.60 in the premarket session on the last check Friday.
L3Harris Technologies Reports US Army Ordered 1K New Co. Falcon IV Compact Team Radios, No Terms Disclosed
The U.S. Army has ordered 1,000 new L3Harris Technologies (NYSE:LHX) Falcon® IV AN/PRC-171 Compact Team Radios to ensure soldiers at any tactical level can transmit crucial information to command teams across an
