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Nasdaq-Listed Powerbridge to Take Up Bitcoin, Ether Mining

Powerbridge stock surged in premarket trading in the wake of today's announcement.

Crypto mining rig
Crypto mining rig

Powerbridge Technologies, a Nasdaq-listed technology company, plans to expand into bitcoin and ether mining.

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  • The Zhuhai, China-based technology firm offers software-as-a-service products and blockchain applications.
  • It now intends to expand into bitcoin and ether mining, with plans to build a clean energy-based global network, the company announced Thursday.
  • Powerbridge's stock climbed about 40% in premarket trading in the wake of today's announcement.

Read more: Several Crypto Mining Stocks Up Sharply as Bitcoin Rises Above $46K

Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley