Sino-Global announces the purchase of 2,783 digital currency operation servers

Sino-Global announces the purchase of 2,783 digital currency operation servers

ROSLYN, NY, March 3, 2021 / PRNewswire / – Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global”, the “Company” or “We”), an Integrated Freight Logistics Solutions Provider company, today announced the signing of a Purchase Agreement (l ‘“Agreement”) of 2,783 Digital Currency Operation Servers (the “Products”) for RMB 30 million (approximately USD 4.6 million) from Hebei Yanghuai Technology Co., Ltd. (“Yanghuai”), reaching a total of 50,440 t / s in computing power. This purchase is another step in the company’s recent strategic expansion into the digital currency market.

Under the terms of the agreement, Sino-Global plans to own 2,783 units of products, which consist of 449 units of the Love Core A1 model, 150 units of the Core Motion model, etc.

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