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Stock impact report

SAIHEAT Starts Accepting Payments in Bitcoin

SAIHEAT Limited - Class A Ordinary Shares (SAIH) 
Company Research Source: GlobeNewswire
SINGAPORE, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), today announced that the Company starts accepting payments in Bitcoin for its range of products and services, including (1) the Company's HEATWIT liquid cooling Advanced Computing Center Ecosystem (ACCE) for Bitcoin mining operations and AI computing, and (2) the Company's HEATNUC small modular reactor products and services. This strategic decision demonstrates the Company’s dedication to adopting the cutting-edge financial technology and expanding its global transaction capabilities. The move to accept Bitcoin reflects a key principle of the SAIHEAT BASE Plan 2029, the Company’s long-term vision to redefine energy efficiency and sustainability for next-generation computing centers. As outlined in the BASE Plan, SAIHEAT is committed to integrating advanced energy solutions and innovative technologies to address the growing energy and c Show less Read more
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