USA Real Estate Holding Company it has signed a letter of intent ("LOI") with SDT Holdings, Inc./Wuhan General Group (China), Inc. to launch bitcoin and cryptocurrency mining operations. Under the LOI, USTC will identify and procure the warehouse for the setup of the bitcoin and cryptocurrency mining operations, and WUHN will purchase and provide mining rigs within the facilities. Both Companies will negotiate a profit-sharing structure in the final agreement within 120 days.
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- USA Real Estate Holding Company & Wuhan General Group, Inc. Signs Letter of Intent to Launch Bitcoin & Cryptocurrency Mining Operations