Sunshine Oil Sand (02012) has reached a strategic cooperation with BitCruiser, an international supplier of bitcoin mining equipment, to develop bitcoin mining farms.

date
17/09/2025
Finance and Economy APP News, Sunshine Oil Sands (02012) announced on September 14, 2025, that it has signed a non-binding strategic cooperation agreement with international Bitcoin mining equipment supplier BitCruiser Incorporated. According to the agreement, both parties will jointly establish a large-scale Bitcoin mining site in the area owned by Sunshine Oil Sands in Canada. The company will be responsible for the electricity, natural gas energy, office accommodation, and storage facilities required for the project, while Bitcruiser will be responsible for investing in Bitcoin mining equipment and mine site construction and operation. The company and Bitcruiser have reached a consensus to quickly establish a joint cooperation team and formulate an implementation plan for mine development and operation.