Thai companies splurge on Bitcoin mining as crypto boom expands

Rush to dig crypto comes despite central bank warnings

20220112 Bitcoin

Thai companies have been flocking to Bitcoin and other cryptocurrencies. © Reuters

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- Big Thai companies are pouring money into Bitcoin mining as the cryptocurrency boom expands in the country, shrugging off central bank warnings over risk and volatility.

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