Long Blockchain Corp. (NASDAQ:LBCC) will no longer be acquiring the bitcoin mining rigs that it stated it would be purchasing.
Despite previously announcing the upcoming purchase of the 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs at the beginning of January, Long Blockchain has now decided against this move. Instead, the company is planning to focus solely on its proposed merger with Stater Blockchain Limited.
Stater Blockchain is a technology company that develops and deploys globally scalable blockchain technology solutions.
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