April 19, 2025

Kaixin ventures into Bitcoin mining as crypto tide shifts in China

1 min read

Kaixin Holdings, a Chinese EV company, is entering cryptocurrency mining with plans to acquire a Middle Eastern operation. This step reflects China’s gradual return to the crypto market after previous bans. Kaixin Holdings, known for its electric vehicles, is expanding into cryptocurrency mining by acquiring a Middle Eastern operation. The EV maker noted the cost-efficient

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