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Hashrate Asset Group (HAG), the first-ever SEC-filed security token specializing in Bitcoin mining, has achieved a remarkable set of milestones, propelling the company to the forefront of innovation and value creation in the Bitcoin mining domain.
On February 1st, HAG officially commenced its mining operations with the deployment of cutting-edge S21 mining machines in a US-based facility. This strategic move underscores HAG’s commitment to leveraging the latest technology to maximize efficiency and profitability, setting a new benchmark for the industry.
In a groundbreaking move, HAG made history on March 7th by distributing its inaugural net yield in Wrapped Bitcoin (WBTC) through the INX exchange. The distribution of 0.75143226 WBTC demonstrates HAG’s dedication to democratizing access to Bitcoin mining profits and enhancing investor value. This pioneering approach sets a precedent for transparency and equitable distribution of mining rewards.
Further expanding its reach, HAG tokens were listed on the INX Exchange on March 14th, opening up new avenues for secondary trading and providing global investors with additional opportunities to engage with this innovative platform. As the crypto market witnesses a remarkable bull run in 2024, with Bitcoin’s ecosystem thriving like never before, HAG is poised to unveil its second batch of Security Token Offerings (STOs) towards the end of March or in early April. This strategic move leverages the current market momentum, positioning HAG at the forefront of growth and opportunity.
HAG’s innovative approach to Bitcoin mining, coupled with the sector’s burgeoning growth, showcases the vast potential lying ahead. As HAG navigates through this thriving landscape, its commitment to innovation, transparency, and value for stakeholders positions it as a beacon of potential in the Bitcoin ecosystem.
With a team composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC, and a mining farm located in the United States, Hashrate Asset Group aspires to build the world’s first sustainable, compliant, and transparent Bitcoin standard arithmetic operating model.
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This news story relied on a press release distributed by BlockchainWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is HAG Blazes New Trail in Bitcoin Mining with Groundbreaking Milestones.