- Hyper Bit Technologies Ltd. (HYPAF, Financial) partners with Tangem AG to launch branded cold storage cryptocurrency solutions.
- New product line to include wallets, NFC-enabled rings, and cardholders, available on HyperBit.ca within 30 days.
- Hyper Bit signs LOI to acquire DogeCoin Mining Technologies, securing access to 2,660 miners and 11MW renewable energy.
Hyper Bit Technologies Ltd. (HYPAF) has announced a strategic partnership with Tangem AG to introduce a new line of branded cold storage cryptocurrency solutions. The product range includes secure wallets, NFC-enabled rings, and cardholders, which are projected to be available for purchase through the company's Shopify-powered website, HyperBit.ca, within the next 30 days.
This launch is aligned with Hyper Bit's recent Letter of Intent (LOI) to acquire DogeCoin Mining Technologies Corp., a move that would grant the company access to 2,660 DOGE/LTC DG1+ ASIC miners and an 11MW renewable energy data center. The acquisition, however, remains non-binding, with no guarantee of completion.
The new cold storage solutions are intended to securely manage the digital assets and proceeds from Hyper Bit's anticipated mining operations. Tangem, known for its high-security standards, has reported no hacks across its over 2,000,000 deployed wallets, reinforcing the security aspect of this initiative.
Hyper Bit aims to enhance cryptocurrency accessibility and security for its users by introducing user-friendly and innovative storage options. The company continues to focus on delivering practical tools that foster broader adoption of cryptocurrency technologies, supporting its expansion strategy in the digital asset ecosystem.
