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Future Fintech Announces Framework Agreement to Acquire Bitcoin Mining Farm News provided by Share this article Share this article NEW YORK, April 1, 2021 /PRNewswire/ Future FinTech Group Inc. (NASDAQ: FTFT) ( hereinafter referred to as Future FinTech , FTFT or the Company ), a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company and the shareholders (the Sellers ) of Nanjing Ribensi Electronic Technology Co., Ltd. ( Nanjing Ribensi ) have signed an acquisition framework agreement (the Framework Agreement ) to acquire Nanjing Ribensi which currently operates a bitcoin mining farm with a capacity to operate 30,000 bitcoin mining machines. Bitcoin mining farms are data centers that are equipped to host mining machines to mine bitcoins or other cryptocurrencies and can require substantial technical, energy and other resources. The Company s target bitcoin mining farm is located in Yajiang County, Sichuan Province, Chin

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