Subsequent Events |
6 Months Ended |
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Jun. 30, 2021 | |
Subsequent Events [Abstract] | |
Subsequent Events |
NOTE 6 – Subsequent Events
On August 2, 2021, the Company executed a contract with Bitmain to purchase an additional 30,000 next generation Antminer S-19j Pro ASIC Miners, to be delivered between January 2022 and June 2022. The purchase price is $120,711,500. The purchase price for the miners shall be paid as follows: 32.76% within 48 hours of signing of contract; 6.45% on or before August 15, 2021; 6.16% on or before September 15, 2021; 6.02% on or before October 15, 2021; 12.66% on or before November 15, 2021; 12.17% on or before December 15, 2021; 6.32% on January 15, 2022; 6.13% on February 15, 2022; 5.79 % on March 15, 2022 and 5.53% on April 15, 2021.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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