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SDS HOLDINGS shares continue sharp rise on alliance with S Crypto Energy for crypto and AI data centers
SDS HOLDINGS CO., LTD. <1711> continued its sharp rise on 21st. After the close of trading on 20th, the company announced it had concluded a business alliance agreement with S CRYPTO ENERGY INC. <5721> in the cryptocurrency and AI data center sectors, drawing significant buying interest on the news.
Under the agreement, SDS HOLDINGS will receive advisory services from S Crypto Energy on establishing and operating cryptocurrency acquisition and management systems, as well as cooperation on risk management frameworks. In exchange, SDS HOLDINGS will provide expertise and information to S Crypto Energy regarding the construction and operation of AI data centers. The company noted that the impact on earnings from this agreement is expected to be negligible at this time.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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