Tianci International Signs MOU with BTC Digital for 3 MW Crypto Computing Project
CIIT is trading near its 52-week low of $2.52 (12% above the low).
Summary
Tianci International (CIIT) has signed a non-binding MOU with BTC Digital (BTCT) to deploy approximately 3 MW of crypto computing capacity within twelve months. CIIT will fund equipment procurement while BTCT provides infrastructure and operational support. This expands their existing hosting cooperation into a larger-scale project. The MOU is non-binding and subject to definitive agreements, but it signals CIIT's commitment to digital infrastructure. Given CIIT's small market cap, this project could be material if executed.
At the time of this announcement, CIIT was trading at $2.81 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $2.5M. The 52-week trading range was $2.52 to $86.80. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.