AirNet Announces Entry into Non-Biding Investment Letter of Intent with LLP STH Corp to Develop a 130MW Liquid-cooled Bitcoin Mining Farm in Kazakhstan

BEIJING, March 17, 2025 (GLOBE NEWSWIRE) -- AirNet Technology Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced the execution of a non-binding Investment Letter of Intent (the “LOI”) with LLP STH Corp, a Kazakstan company. This LOI creates the initial step of planned investment in the 130MW liquid-cooled Bitcoin mining farm project in Kazakhstan.

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