Our first acquisition in Washington state provides us with a maximum power capacity of 3.3 megawatts of power. We intend to significantly increase our total available low-cost renewable power capacity globally.
We are seeking opportunities to acquire existing bitcoin mining operations as well as to develop new facilities from the ground up. For operating mines, we can bring much-needed capital in order to transition to the next generation mining hardware required to grow.
In cases where low-cost renewable power is available on a long-term basis, we seek opportunities to partner with power suppliers, communities, and experienced teams to develop new facilities.