Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden.
MineOne acquired the property in June 2022 and then made improvements to use it for crypto mining close to the Air Force base. The military installation is a strategic missile base and home to intercontinental ballistic missiles, the order read. The company has 120 days from the date of the order to sell the property and is not permitted to transfer it to third parties.
Red flags regarding this particular site have been raised in the past by tech giant Microsoft which has a data center nearby.
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