Zhidu Technology Takes Impairment Provision for Bitcoin Investment, Totaling $16M
Zhidu Technology, a listed company in China, has announced its plans to make an impairment provision for Bitcoin worth $16 million generated from cloud mining purchased from Bitmain. Zhidu is a shareholder of both Bitmain and BitDeer. The 9th board of directors’ 16th meeting and the 9th supervisory board 10th meeting, held on January 30, reviewed and […]
Zhidu Technology, a listed company in China, has announced its plans to make an impairment provision for Bitcoin worth $16 million generated from cloud mining purchased from Bitmain. Zhidu is a shareholder of both Bitmain and BitDeer. The 9th board of directors’ 16th meeting and the 9th supervisory board 10th meeting, held on January 30, reviewed and […] 
