Nasdaq-listed BitVentures to start Bitcoin and altcoin mining with new digital asset division

Nasdaq-listed BitVentures has officially launched its new Digital Assets segment, marking its entry into the cryptocurrency mining industry. This new unit will focus on crypto mining, staking, node services, and ecosystem partnerships. As part of this expansion, the company has secured purchase and hosting agreements for multiple fleets of Bitmain mining machines, totaling approximately 0.5 MW of power capacity. Deployment is scheduled to start in phases from January 2026, with full operations expected in the first quarter of that year. BitVentures intends to employ a diversified mining strategy targeting both Bitcoin and select altcoins, utilizing high-specification, energy-efficient hardware. CEO Lawrence Wai Lok described this initial deployment as a proof-of-concept, with plans to scale operations gradually. This move follows the company's recent exit from its previous wealth and asset management businesses in China.

(Source：Crypto Briefing)