DCG subsidiary Fortitude buys Nebraska mining facility

Fortitude Mining has officially acquired a 12.5 megawatt mining facility located in Nebraska. The company reported a net cash outlay of approximately 4.7 million dollars for the site after accounting for various credits.

This expansion is a strategic move for the firm as it continues to build out its mining operations. By adding this significant power capacity to its portfolio, the company is increasing its footprint within the Zcash mining sector.

Investors are watching how this added power capacity affects the company's overall mining output in the coming months. The purchase shows that despite market fluctuations, some firms are still prioritizing investments in physical infrastructure.