SAIHEAT Starts Accepting Payments in Bitcoin
SAIHEAT (NASDAQ: SAIH) has announced it will begin accepting Bitcoin payments for its product lineup, including the HEATWIT liquid cooling Advanced Computing Center Ecosystem for Bitcoin mining and AI computing, as well as HEATNUC small modular reactor products and services. This initiative aligns with the company's SAIHEAT BASE Plan 2029, which focuses on redefining energy efficiency for next-generation computing centers. The decision aims to provide increased payment flexibility and facilitate cross-border transactions while supporting the company's vision for sustainable energy infrastructure in the tech industry.
SAIHEAT (NASDAQ: SAIH) ha annunciato che inizierà ad accettare pagamenti in Bitcoin per la sua gamma di prodotti, inclusi l'ecosistema Advanced Computing Center HEATWIT con raffreddamento a liquido per il mining di Bitcoin e l'AI, oltre a prodotti e servizi dei reattori moduli piccoli HEATNUC. Questa iniziativa si allinea con il Piano BASE SAIHEAT 2029 dell'azienda, il quale si concentra sulla ridefinizione dell'efficienza energetica per i centri di elaborazione di nuova generazione. La decisione ha come obiettivo quello di fornire maggiore flessibilità nei pagamenti e facilitare le transazioni transfrontaliere, supportando nel contempo la visione dell'azienda per un'infrastruttura energetica sostenibile nel settore tecnologico.
SAIHEAT (NASDAQ: SAIH) ha anunciado que comenzará a aceptar pagos en Bitcoin para su gama de productos, incluido el ecosistema Advanced Computing Center HEATWIT con refrigeración líquida para la minería de Bitcoin y el computo de AI, así como productos y servicios de los reactores modulares pequeños HEATNUC. Esta iniciativa se alinea con el Plan BASE SAIHEAT 2029 de la empresa, que se centra en redefinir la eficiencia energética para los centros de computación de próxima generación. La decisión tiene como objetivo proporcionar una mayor flexibilidad de pago y facilitar las transacciones transfronterizas, apoyando al mismo tiempo la visión de la empresa para una infraestructura energética sostenible en la industria tecnológica.
SAIHEAT (NASDAQ: SAIH)는 비트코인 결제를 자사의 제품 라인업에 포함하여 HEATWIT 액체 냉각 고급 컴퓨팅 센터 생태계, 비트코인 채굴 및 AI 컴퓨팅 뿐만 아니라 HEATNUC 소형 모듈 원자로 제품 및 서비스를 제공하기 시작한다고 발표했습니다. 이 이니셔티브는 차세대 컴퓨팅 센터의 에너지 효율성을 재정의하는 데 중점을 둔 회사의 SAIHEAT BASE 계획 2029에 부합합니다. 이러한 결정은 결제의 유연성을 증가시키고 국제 거래를 용이하게 하며, 기술 산업에서 지속 가능한 에너지 인프라에 대한 회사의 비전을 지원하기 위한 것입니다.
SAIHEAT (NASDAQ: SAIH) a annoncé qu'il commencera à accepter les paiements en Bitcoin pour sa gamme de produits, y compris l'écosystème Advanced Computing Center HEATWIT avec refroidissement liquide pour le minage de Bitcoin et le calcul de l'IA, ainsi que les produits et services des petits réacteurs modulaires HEATNUC. Cette initiative s'inscrit dans le cadre du Plan BASE SAIHEAT 2029 de l'entreprise, qui vise à redéfinir l'efficacité énergétique des centres de calcul de nouvelle génération. Cette décision vise à offrir une plus grande flexibilité de paiement et à faciliter les transactions transfrontalières tout en soutenant la vision de l'entreprise pour une infrastructure énergétique durable dans l'industrie technologique.
SAIHEAT (NASDAQ: SAIH) hat angekündigt, dass es Bitcoin-Zahlungen für sein Produktportfolio annehmen wird, einschließlich des HEATWIT Flüssigkeitskühlungssystem für das Advanced Computing Center, das sowohl für Bitcoin-Mining als auch für KI-Computing geeignet ist, sowie für Produkte und Dienstleistungen der HEATNUC kleinen modularen Reaktoren. Diese Initiative steht im Einklang mit dem SAIHEAT BASE Plan 2029 des Unternehmens, der sich auf die Neudefinition der Energieeffizienz für nächste Generation von Rechenzentren konzentriert. Die Entscheidung zielt darauf ab, die Zahlungsflexibilität zu erhöhen und grenzüberschreitende Transaktionen zu erleichtern, während sie gleichzeitig die Vision des Unternehmens für eine nachhaltige Energieinfrastruktur in der Technologiebranche unterstützt.
- Implementation of Bitcoin payments expands payment options and potential customer base
- Strategic alignment with growing digital currency adoption in tech industry
- Enhanced capability for cross-border transactions
- None.
Insights
The acceptance of Bitcoin payments by SAIHEAT represents a strategic but impact on the company's immediate financial outlook. While this move aligns with industry trends in crypto-mining and data center operations, its practical effect on revenue and market share may be modest. The company's small market cap of
The integration with their HEATWIT liquid cooling systems and HEATNUC reactor products could streamline transactions for crypto-mining clients, but the actual adoption rate and transaction volume remain uncertain. The BASE Plan 2029 framework provides context, but without specific revenue projections or customer commitments, the immediate business impact appears This appears to be a forward-looking infrastructure enhancement rather than a significant revenue driver.
SINGAPORE, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), today announced that the Company starts accepting payments in Bitcoin for its range of products and services, including (1) the Company's HEATWIT liquid cooling Advanced Computing Center Ecosystem (ACCE) for Bitcoin mining operations and AI computing, and (2) the Company's HEATNUC small modular reactor products and services. This strategic decision demonstrates the Company’s dedication to adopting the cutting-edge financial technology and expanding its global transaction capabilities.
The move to accept Bitcoin reflects a key principle of the SAIHEAT BASE Plan 2029, the Company’s long-term vision to redefine energy efficiency and sustainability for next-generation computing centers. As outlined in the BASE Plan, SAIHEAT is committed to integrating advanced energy solutions and innovative technologies to address the growing energy and computational demands of BTC mining, AI development, and high-performance data centers. Accepting Bitcoin payments underscores this vision by enabling seamless, secure, and scalable global transactions that complement the decentralized, sustainable energy infrastructure of the BASE Plan.
To address the growing demand for digital currency transactions within the tech industry, SAIHEAT has taken this initiative to offer clients and partners increased payment flexibility. As Bitcoin adoption gains momentum, particularly among businesses prioritizing efficient and secure cross-border transactions, the Company’s move to accept Bitcoin payments underscores its forward-thinking approach in the evolving digital economy.
By embracing Bitcoin payments, SAIHEAT further advances its commitment to technological innovation and sustainability outlined in the BASE Plan. This new feature positions the Company to engage a broader audience of partners and customers who prioritize modern financial solutions while aligning with SAIHEAT's mission to build the energy-defined computing centers of the future.
About SAIHEAT
SAIHEAT Limited (Nasdaq: SAIH) delivers integrated energy services for next-generation data centers. Its thermal module, HEATWIT, offers data center liquid cooling system and solutions for computing heat recycling. The power module, HEATNUC, focuses on global power resource development and modular nuclear power joint development.
Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit https://www.saiheat.com
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements include, but not limited to, statements concerning SAIHEAT and the Company’s operations, financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. SAIHEAT cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions around the world including those discussed in SAIHEAT’s Form 20-F under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and SAIHEAT specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
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FAQ
What products can be purchased with Bitcoin from SAIHEAT (SAIH)?
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How does Bitcoin payment acceptance align with SAIHEAT's (SAIH) BASE Plan 2029?
