Upexi signs loi to purchase operating bitcoin mining facility

Subsidiary, quantum hash, signs first loi to acquire a 2mw operating facility with plans to increase to maximum output with upgraded mining power and expanded mws of power tampa, fl / access newswire / march 3, 2025 / upexi, inc. (nasdaq:upxi) (the "company" or "upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products and has diversified into the cryptocurrency space, today announced its subsidiary, quantum hash, has signed a letter of intent (‘loi') to acquire a 2mw operating facility, its biggest initiative into the cryptocurrency industry to date. the facility is currently utilizing less than half its available capacity output.
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