Bit Origin Ltd. announced it has entered into a Strategic Alliance Agreement (?Agreement?) with Mner.Club for crypto miner deployment. According to the Agreement, Bit Origin and Mner.Club will collaborate in the areas of crypto mining machine deployment and hosting, and Bit Origin will provide crypto mining consulting and hosting service provider selection services to Mner.Club. Mner.Club has recently unveiled its Mineral Project (?Project?), introducing inscription assets that adopt the BRC-20 and BRC-420 standards.

This initiative involves the deployment of crypto mining machines, enabling holders to earn periodic distributions in a variety of assets, including Bitcoin, through staking. The Project aims to continuously distribute earnings to users by increasing the treasury's RWA holdings, initially the mining machines. With a focus on a DeFi flywheel and sustainable yield incentives, it introduces a new paradigm for DeFi, emphasizing good composability and injecting foundational yield-generating assets into the DeFi sector.