AEI - Alset EHome launches cryptocurrency mining business through Alset Mining

Alset EHome International (AEI +6.6%) has announce that the Co. plans to embark on a cryptocurrency mining business through Alset Mining, a wholly-owned subsidiary of the Co. In the year ahead, Alset Mining will endeavor to take advantage of the potential of the cryptocurrency mining space by acquiring mining rigs to create a consistent stream of revenue. As the cryptocurrency mining market is expected to reach $5.29B by 2028 with a CAGR of 28.5%, this represents a huge upside within this emerging technology space that is rapidly changing every day. "We believe that the cryptocurrency mining opportunities in the market remain profitable. We will take prudent and measured steps as the industry evolves." commented Mr. Chan Tung Moe, Co-CEO of the Co.

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Alset EHome launches cryptocurrency mining business through Alset Mining