Strategic Asset Leasing (OTCPK:LEASsigns a memorandum of understanding to co-develop the cryptocurrency mining centre in Missoula County, Montana, through a joint venture with a local partner. 

Together, the companies plan to establish the Vertical Axis Wind Turbine (VAWT) system, required to power the mining facility under the local rules of establishing renewable energy sources for crypto mining in the region.

The parties further intend to patent and market the VAWT system for sales to other mining and data centres with similar renewable energy restrictions.

“I initially passed on this opportunity for the more feasible New Jersey mining farm that we’re closing on shortly,” notes CEO, Jason Tucker, adding “I expect a very impressive balance sheet for Strategic in the near future.”

Joint Venture agreement yet to be finalized.