X3 Holdings Expands Bitcoin Miner Fleet with Stable Supply of High-Performance Machines
X3 Holdings Launches AI and Metaverse Air Cargo Platform, Paving the Way for a New Era in Digital Trade
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We have a brand new profile for you to research immediately for Wednesday’s session.
Pull up XTKG Immediately.
X3 Holdings Co., Ltd. (Nasdaq: XTKG) is a global provider of digital solutions and technology services spanning diverse industries. The Company is operating across diversified business segments in digital technologies, cryptomining operations, renewable energy and agriculture technologies. X3 Holdings is headquartered in Singapore with subsidiaries and operations globally.
We all know that energy efficient Bitcoin mining is a super hot sector to be operating in.
Since the beginning of the year XTKG has released a slew of news surrounding their mining operations that has been able to get investors excited.
Just last week they announced the signing of a term sheet for multi-year purchase agreements with a leading supplier of bitcoin mining equipment.
X3 Holdings will purchase the next generation of Avalon bitcoin miners in tranches, using a combination of cash and vendor credits. A total of 30,000 bitcoin miners are projected to be purchased by 2026.
CryptoMining Business Segment
X3 Holdings Co., Ltd. is a global provider of technology solutions and services spanning diverse industries, established since 1997.
A publicly listed company (Nasdaq: XTKG), X3 Holdings is headquartered in Singapore with subsidiaries and operations globally.
X3 Holdings is operating across four business segments: digital technologies, cryptomining operations, renewable energy, and agriculture technologies.
Cryptomining Business
Renewable energy supported and sustainability-focused bitcoin mining operations with high performance mining machines, diversified across hosting sites in Central Asia. Asset light model – focusing on investment in mining machines rather than infrastructure for maximized return of investment on revenue generating assets and minimized capital expenditure.
Partnering with leading crypto machine manufacturers for stable access to top-tiered performance mining hardware to drive an efficient scaling of miner fleet at global cryptomining operations.
Cryptomining Operations
Leveraging strong partnerships with diversified hosting facilities operated and supported by sustainable energy sources to minimize operational cost and mitigate regulatory and site related risks.
Focusing on expansion of global bitcoin mining capacities powered by hydroelectric, solar energy and wind power renewable energy sources collocated with hosting sites.
Prudent and efficient scaling at existing cryptomining operations and expanded locations with low-cost sustainable energy sources with a projected fleet of 40,000 miners by 2025.
Sustainability Focus
Development of bitcoin mining operations and facilities powered by renewable energy sources from solar energy and hydroelectric power across global geographically diversified locations.
Broader international footprint and continued emphasis on deploying crypto miners at renewable energy powered sites with a long term goal to become entirely carbon neutral.
Cleantech solutions to recover and repurpose excessive heat from the cryptomining machines as a heating source for collocated farming greenhouses, further reducing carbon emissions.
Crypto & Agribusiness
Developing cleantech solutions for recovering and repurposing the excessive waste heat generated from the cryptomining machines for heating use in the collocated farming greenhouses.
Cryptomining operations benefiting from an added revenue stream and lower cooling cost offsetting electricity, while greenhouses benefiting from lower cost of heating and microclimate control.
The same renewable energy is used twice, leading to substantial less carbon emissions by the efficient use of heat at collocated cryptomining operations and farming greenhouses.
X3 Holdings Expands Bitcoin Miner Fleet with Stable Supply of High-Performance Machines
PUBLISHED
FEB 28, 2024 6:00AM EST
SINGAPORE, Feb. 28, 2024 /PRNewswire/ — X3 Holdings Co., Ltd. (Nasdaq: XTKG) (“X3 Holdings” or the “Company”), a global provider of digital solutions and technology services spanning diverse industries, is pleased to announce the signing of a term sheet for multi-year purchase agreements with a leading supplier of bitcoin mining equipment.
X3 Holdings will purchase the next generation of Avalon bitcoin miners in tranches, using a combination of cash and vendor credits. A total of 30,000 bitcoin miners are projected to be purchased by 2026. These miners will be strategically deployed at the Company’s globally diversified hosting sites powered by renewable energy sources.
The next generation of Avalon bitcoin miners is known for their extraordinary energy efficiency and superior performance metrics, with industry-leading hashing power and energy efficiency. Introduced since 2013, Avalon miners have continually expanded their energy efficiency and hashing capability, with growing adoption by mining entities worldwide.
Stewart Lor, CEO of X3 Holdings, expressed his confidence: “This agreement with our strategic partner ensures that we have a stable supply of top-tiered mining equipment, which is extremely crucial in expanding our miner fleet. I am confident that our cryptomining business will substantially drive our overall future growth.”
X3 Holdings Boots Bitcoin Mining Fleet in Central Asia, Eying Sustainable Growth
PUBLISHED
FEB 7, 2024 8:00AM EST
SINGAPORE, Feb. 7, 2024 /PRNewswire/ — X3 Holdings Co., Ltd. (Nasdaq: XTKG) (“X3 Holdings” or the “Company”), a global provider of digital solutions and technology services spanning diverse industries, is pleased to announce a significant expansion of its bitcoin mining operations. The Company has successfully deployed 2,000 bitcoin mining machines in its Central Asian facility, a move that underscores X3 Holdings’ commitment to growth and sustainability in the digital asset space.
This latest deployment is set to supercharge X3 Holdings’ mining capabilities, with the new ASIC miners projected to achieve an impressive hash rate of 0.28EH/s. It’s a strategic step within the Company’s broader vision to amplify its BTC hashing power through the addition of next-generation of mining technology in the near term.
Strategically located, the Central Asian facility leverages hydro-powered and renewable energy sources, ensuring mining operations are both cost-effective and environmentally friendly. In a move towards sustainability, the Company is collaborating with its hosting partner to incorporate solar energy solutions, marrying cutting-edge bitcoin mining with eco-friendly land use practices.
Stewart Lor, CEO of X3 Holdings, shared his excitement: “The deployment of our bitcoin miners in Central Asia marks a pivotal advancement. Our strategy to scale up our mining operations is fueled by low-cost renewable energy, setting the stage for significant growth. Our venture into cryptomining is not just an expansion – it’s a testament to our foresight in harnessing sustainable energy for substantial growth.”
X3 Holdings Launches AI and Metaverse Air Cargo Platform, Paving the Way for a New Era in Digital Trade
PUBLISHED
FEB 21, 2024 8:30AM EST
SINGAPORE, Feb. 21, 2024 /PRNewswire/ — X3 Holdings Co., Ltd. (Nasdaq: XTKG) (“X3 Holdings” or the “Company”), a global provider of digital solutions and technology services spanning diverse industries, proudly announces the debut of its innovative AI and metaverse-based air cargo airport management and operations platform. This advanced platform, harnessing the power of AI, IoT, and digital twinning technology, is a significant stride in transforming global trade digital solutions and services.
The platform marks a new paradigm in cargo airport operations by creating an immersive, highly interactive virtual environment that mirrors the complexities of real-world operations. By leveraging cutting-edge digital twinning technology, the platform offers detailed and comprehensive view of airport functions, transforming the efficiency and precision of global trade operations.
The platform is not merely a technological breakthrough; it’s a strategic tool that dramatically enhances the efficacy of airport management, customs operations, and logistics and transportation. The platform is redefining operational excellence in the global trade domain, offering unprecedented improvements in accuracy and efficiency.
On the operational front, the platform has already demonstrated significant impact. Airport and customs authorities are experiencing enhanced accuracy and efficiency in real-time cargo management. Likewise, logistics and transportation companies are capitalizing on the platform for more strategic and efficient planning and execution of cargo transportation.
Currently, the platform is operational on ten international air cargo routes, connecting key trade centers like New York, Frankfurt, Shanghai, Abu Dahbi, and Delhi. It’s not only optimizing air cargo transportation but also setting a new benchmark in service quality for a global user base. X3 Holdings is aggressively pushing the envelope in AI and metaverse technology, aiming to revolutionize digital applications in global trade and beyond.
Stewart Lor, CEO of X3 Holdings, expressed his commitment: “In the era of digital transformation, we are invigorated by the groundbreaking advancements from Sora. Our initiative to integrate ChatGPT and Sora technologies into our digital trade platform is not just a step forward, it signifies a strategic evolution towards adopting the innovations that will redefine the future of global trade. This move is about more than keeping pace in the realms of digital and metaverse advancements; it represents a significant leap toward achieving our goal of revolutionizing how the world engages in trade. We are on a mission to lead the change, stepping into a future where X3 Holdings is at the forefront of global trade innovation.”
DIGITAL TECHNOLOGIES
Facilitating Digital Transformation with Solutions and Services across the Global Trade Supply Chain
Digital Trade Platform
- Servicing all stakeholders in the global trade ecosystem backed by a trusted digital platform for trading partners, service providers and government authorities worldwide
- Encompassing cross-border trades, logistics and shipping, customs clearance, and transactions and settlements, with enhanced traceability and transparency across the entire supply chain
- Fintech services for financial institutions designed for monitoring and risk control in enhancing settlement security, and data analysis and decision making tools for ensuring efficient supply chain financing
Trade Zone Solutions
- Digital solutions and services for developing and operating free trade zones, bonded goods facilities and warehouses, and cross border trade zones and other regulated trade zones and facilities
- Solutions for zone management, enterprise applications, customs monitoring, and other financial and logistics services for trade zone authorities and global trade related enterprises
- Blockchain-enabled supply chain transparency, streamlined customs clearance, expedited import and export process, and increased international trade volume for the regulated trade zones
Global Compliance Solutions
- Global compliance and supply chain solutions for multinational manufacturing and international trade enterprises, satisfying regulatory requirements of customs authorities in various countries
- Streamlined documentation process and integrated data sharing relating to customs, tax, logistics and shipping, strengthening collaboration among customers’ subsidiaries and operations worldwide
- Expedited flow of raw materials and finished goods across the entire supply chain throughout the world, fostering and accelerating customer’s global market expansion and business development
Int’l Trading of Products
- Engaging in international trading of select products by using data from the global trade platform and market analysis on trade composition, trade logistics, and market trends and development
- Collaborating with global supply and channel partners to capitalize on international trading opportunities for consumer products and commodity products with high profit and growth potential
- Leveraging on over two decades of international trade industry experience and a global network of operations and logistics partners for stable access to efficient logistics and shipping channels
RENEWABLE ENERGY
Integrating Policy, Technology, and Capital Resources to Help Power a Sustained Future
Renewable Energy
- An integrated renewable energy model driving for the adoption of solar energy and development of new energy vehicles and agriculture machinery in key developing Asian markets
- Strategic partnership with industry leading players, weaving together policy, technology, capital, and regional resources to cultivate a scalable renewable energy business with robust growth potential
- Deployment of diverse operational models in research and development, manufacturing and operations, and platform and channel services, fostering an efficient ecosystem for all stakeholders
EV’s & Agri Equip
- Collaborating with leading manufacturers and suppliers of electric vehicles and agriculture machinery and equipment for the design, implementation and operations in target markets
- Harnessing partners’ technological and manufacturing capacities to establish regional brands in Asia and extending brand influence and market reach across developing and emerging markets
- Implementing financial and investment strategies and solutions to support production facility development and operations as well as brand and channel development
Solar Projects
- Forging strategic alliances with leading solar system providers in developing a portfolio of regional solar energy and storage projects catering to agricultural and industrial needs of target Asian markets
- Exploring opportunities in research and development as well as assembly and production of photovoltaic panels and systems in Asian countries with favorable cost structures and regulatory environments
- Developing solar energy charging stations tailored for electrical vehicles and clean energy driven agricultural machinery, complete with integrated digital technology solutions and services
Integrated Models
- Developing integrated renewable energy solutions for agriculture and cryptomining, resulting in lower electricity cost and reduced carbon emission with a positive impact on the environment and society
- Agriculture services encompassing distributed energy and storage system installation, greenhouse and digital agritech operations, renewable energy powered farming equipment and electric charging stations
- Collaborating with cryptomining hosting facilities, leveraging cost effective renewable energy sources to drive sustainable cryptomining practices, aspiring and aiming for carbon neutrality
AGRICULTURE TECHNOLOGIES
Bringing Digital Technologies and Smart Solutions for Enhanced
Farm Efficiency
Smart Agritech
- Agritech platform and services for monitoring and managing crops and livestock farming, utilizing big data, artificial intelligence and IoT technologies to provide data analysis and decision making tools
- For crops, providing environment data and insights such as temperature and humidity, as well as soil properties such as moisture, pH and soil fertility for enhanced farm management and operations
- For livestock, digital services integrating IoT sensors, satellite positioning, electronic fences and livestock biometric for managing livestock identification, quantity, location, and health status
Greenhouse Solutions
- Integrated solutions for greenhouse development and operations, benefits including higher crop yield, less water and fertilizer used, increased food safety, and enhanced sustainability with solar power
- Collaborating with global partners and integrating advanced technologies such as IoT and AI, microclimate control and refrigeration, lighting technologies, and pest and disease control
- Integrated greenhouse operations with adjacent cryptomining facilities where the heat generated are recycled and repurposed for climate and temperature control in the greenhouses
Agri Fintech
- Fintech solutions and services for crops and livestock farming through the use of blockchain, IoT, and data technologies, developing digital asset models for agricultural crop and livestock products
- Digital asset models transforming agriculture assets into traceable digital assets tradable on agriculture digital markets and utilized by farming and processing enterprises to obtain financing
- Developing a digital platform for managing and monitoring livestock with digital assets created as a collateral for financial institutions in providing financing to farming communities
Integrated Services
- A package of sales and services encompassing agriculture machines and equipment, photovoltaic modules, and solar powered charging stations for regional farmers and farming communities
- Growing of high demand and high profit specialty fruits, vegetables and teas such as fruit flavored corns, multi-color tomatoes, and multi flavored teas in the greenhouses and open fields
- Sales of specialty fruits and vegetables through regional wholesale and distribution channels, as well as direct sales to consumers on leading global and regional ecommerce retail platforms
NEWS
PUBLISHED
6 DAYS AGO
X3 Holdings Expands Bitcoin Miner Fleet with Stable Supply of High-Performance Machines
PUBLISHED
FEB 21, 2024
X3 Holdings Launches AI and Metaverse Air Cargo Platform, Paving the Way for a New Era in Digital Trade
PUBLISHED
FEB 13, 2024
X3 Holdings Strengthens Bitcoin Mining Operations with Central Asia Hosting Deal
PUBLISHED
FEB 7, 2024
X3 Holdings Boots Bitcoin Mining Fleet in Central Asia, Eying Sustainable Growth
PUBLISHED
FEB 5, 2024
X3 Holdings Sets Course for Accelerated and Transformative Growth with Diverse Global Initiatives
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