For subscribers
SMI Vantage soars on deal to buy crypto machines
Sign up now: Get ST's newsletters delivered to your inbox
SMI Vantage shares soared by more than 28 per cent when the market opened yesterday 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.
