SDBT, Subsidiary of SDT Holdings, Builds a $10 Million Cryptocurrency Mining Facility in Quebec

MONTREAL, Feb. 08, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire —  SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”). The Company announces today that its subsidiary SDBT will start building a $10 Million Cryptocurrency Mining Facility North of Quebec region.

“This is an exciting time for our enterprise from an investment standpoint as big Chinese miners like Bitmain are turning to Quebec because of low energy cost and cold climate. This is obviously going to revolutionize our way of thinking about currency,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

“We are currently securing a scalable up to 100 000 sq. ft warehouse with 30MW of available power which will provide the space and electricity for future expansion. We are currently in discussion with key hardware providers and joint ventures in the project,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

About SDBT

Strategic Development of Blockchain Technology (SDBT) is a Quebec-based enterprise that focuses on large-scale mining cryptocurrencies farm in its region while offering other related services as well as the development of industrial blockchain technologies with the purpose of facilitating its access and adoption.

About SDT Holdings

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specialized in these areas: mining electrification, cryptocurrencies / blockchain, industrial batteries, internet of things and artificial intelligence for the industrial market. Dedicated to supplying quality, innovative technologies and battery solutions, SDT Holdings services the transport, mining, agricultural, industrial and earthmoving industries.

SDT Holdings, Inc
Publicly traded company (OTC Pink:WUHN)
For further information contact:
Phone: (514) 928-7368

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.


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