MicroBT signed a production contract with a Southeast Asian company to directly supply mining equipment to North American customers

According to the Planet Daily, MicroBT announced on Friday that it has reached a cooperation with Foundry, a mining subsidiary of Digital Currency Group (DCG). At the same time, MicroBT also announced that it has signed a production contract with a Southeast Asian company to directly produce Shenma mining equipment for the company's North American customers to improve supply chain efficiency. It is reported that the reason for choosing overseas production is that American companies or individuals currently need to pay a 25% tariff to import mining equipment directly from China.
MicroBT said the partnership with Foundry and new overseas manufacturing operations will help the company expand in the North American market. (Bitcoin.com)