Yueda Digital Holding is a pure-play Bitcoin mining company. Yueda owns a fleet of ASIC mining rigs that it deploys at third-party data centers to mine Bitcoin, which it then sells for cash or holds as a treasury asset. As of March 2026, Yueda owns approximately 24,600 mining rigs in total, with 9,100 Bitcoin Miner T21 units currently operating at a hosted data center in Almaty, Kazakhstan, and a larger batch of newer Antminer S21+ and S21 Pro units pending deployment. Yueda pays $0.07 per kWh for electricity plus a $0.002 per kWh maintenance fee under its hosting arrangement. The company was formerly known as AirMedia Group and AirNet Technology, and previously operated an in-flight advertising and entertainment business in China, which was sold in September 2025 for nominal consideration. Yueda is now entirely focused on digital assets. Yueda's profitability is driven by Bitcoin price, mining difficulty, energy costs, and fleet size and efficiency. The company is also developing a broader digital asset treasury strategy, which involves holding Bitcoin and Ether on its balance sheet and earning yield through staking or on-chain liquidity provision. Yueda is incorporated in the Cayman Islands, headquartered in Irvine, California, and listed on the Nasdaq Capital Market under the ticker "YDKG."