Midland plans to invest $ 3 million to gain market share and enter the cryptocurrency space.

The State Department announced on December 22 that Meilian (METX.US), a US-based company, will sign a contract with industry experts on December 22. cryptocurrency mining technology.

Market professionals have extensive experience, diversity and excellent insight into the cryptocurrency and blockchain industry. As the Vice President of Hummingbird Mining Technology, Zhijun Liu is a specialist in cryptocurrency mining and has rich experience and experience in developing and delivering cryptocurrency mining technology chain. . Yunning Li is the former Marketing Director of ChainPlus and Dragon Social, with a wide range of hands-on activities in the blockchain industry and in trades and sales. Manning Liao has worked at Dell and Hong Kong Satellite TV and has extensive experience in blockchain and cryptocurrency mining technology, knowledge, and research and development technology.

Under the deal, Midland could choose to invest $ 3M in joint ventures, own a 21% interest in joint ventures, and bring the profits of others into the joint venture market depending on certain circumstances. set out in the joint venture. Business contract.

At the close of US stocks on December 22, Midland's stock price rose 0.15% to $ 0.261.