CCNC - Code Chain New Continent slumps following business update

Code Chain New Continent (NASDAQ:CCNC) has slumped -4.51% pre-market after providing business update for key operational developments. The cryptocurrency miner has been rapidly expanding Bitcoin mining to North America and recently announced a 10,000 KOI miner purchase order with AGMH. It has now announced a pre-commitment with MinerVA Semiconductor mining farm in Houston for 10,000 units capacity. The commitment is subject to payment of $5.6M deposits by January 31, 2022. The MinerVa Semiconductor Corp. farm is operational and will allow CCNC's mining machines to generate positive value starting from the second quarter of 2022.

For further details see:

Code Chain New Continent slumps following business update