Long Island Ice Tea corporation has rebranded as Long Blockchain Corporation (LBC). On January 4th the company filed with the SEC and announced that it intends to begin mining bitcoins.

The company reportedly purchased 1000 Antminer S9 mining rigs and plans to begin mining operations in a Nordic country to take advantage of cheaper electricity costs.  Their SEC filing can be found here:  https://www.sec.gov/Archives/edgar/data/1629261/000149315218000195/ex1-1.htm

The company has purchased the domain name http://www.longblockchain.com. CEO, Phillip Thomas commented on the move, “We view this transaction as an important and validating initial step in the Company’s progression into blockchain technology. The commencement of our mining operations places us on a path to generating blockchain-related revenue through the accumulation of bitcoin. This platform will help support our longer-term strategy of engaging in partnerships, investments and acquisitions in the blockchain ecosystem.”.