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SMI Vantage jumps after acquisition of 3,000 crypto mining machines

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SMI Vantage shares soared by more than 28 per cent when the market opened Nov 25, 2021.

PHOTO: ST FILE

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SINGAPORE - SMI Vantage shares soared by more than 28 per cent when the market opened on Thursday (Nov 25) after the firm said it is acquiring 3,000 crypto mining machines from a wholly owned unit of Nasdaq-listed The9.
The stock retreated during the day but still closed up 8.7 per cent at 10 cents, with 33.5 million shares changing hands.
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