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Clothing brand Mac-House has officially entered the cryptocurrency mining business, partnering with mining company Zero Field.
BlockBeats News, July 4th, Japanese nationwide fashion chain brand Mac-House announced that it has signed a comprehensive cooperation agreement with the domestic large-scale cryptocurrency mining enterprise Zero Field, officially entering the cryptocurrency mining business. This move follows the company's announcement in June of a large-scale Bitcoin purchase plan, indicating that its layout in the cryptocurrency asset business is accelerating.
Through this cooperation, Mac-House will further establish "mining" as the core pillar of its cryptocurrency business based on a "buy and hold" strategy, aiming to reduce price volatility risks while maximizing profit opportunities. The cooperating party, Zero Field, is a wholly-owned subsidiary of the artificial intelligence company Tripleize. According to data from the Tokyo Industrial Survey, Zero Field has ranked first in domestic mining machine sales in Japan for four consecutive years.
Mac-House will leverage Zero Field's domestically and internationally operated data centers to carry out efficient cryptocurrency mining operations. Prior to this, Mac-House completed financing through the issuance of new stock acquisition rights on June 19th and plans to allocate up to 1.715 billion yen from it to purchase Bitcoin and other cryptocurrency assets.
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