AirNet Announces Purchase of Cryptocurrency Mining Machines

Group 1 - AirNet Technology Inc. has entered into a sales and purchase agreement for 6,218 units of Bitcoin Miner S21, with an aggregate purchase price of approximately RMB177.2 million [1] - The company aims to invest in encrypted assets to capitalize on the opportunities presented by the global cryptocurrency market, particularly the bullish performance of Bitcoin [2] - The transaction is subject to corporate approvals and customary closing conditions, with no assurance of timely completion or operational returns from the miners [2] Group 2 - The announcement includes forward-looking statements that involve risks and uncertainties, which may lead to actual results differing from expectations [3]