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Black Titan Corporation (BTTC) issues updates tied to its digital asset technology focus and Digital Asset Treasury Plus strategy, which uses the corporate balance sheet to support, govern and provide liquidity to decentralized protocols. Company news centers on stablecoin infrastructure, DeFi-as-a-Service, Lending-as-a-Service, restaking rails, tokenized credit and blockchain payments.
Recurring developments also include capital-structure activity, blockchain-sector collaboration themes and regulatory developments affecting stablecoins and decentralized finance infrastructure.
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Bitech Technologies Corporation (OTCQB: BTTC) has appointed Greg Trimarche as a new independent member of its Board of Directors. With over 30 years of experience in environmental and energy law, Trimarche specializes in renewable energy sectors. His past roles include co-founding a clean technology trade association and serving on multiple boards. CEO Dr. Benjamin Tran expressed optimism about Trimarche's contributions to identifying new green energy technologies and strategic investments. Bitech aims to innovate in energy solutions focused on renewables and energy efficiency.
Bitech Technologies Corporation (OTCQB: BTTC) has successfully completed the FPGA design for its Intellisys-8 chip and is advancing to field testing. The company has also initiated ASIC production for a 5nm ASIC chip targeting energy-efficient bitcoin mining systems. These systems are expected to use less than 50% of the energy consumed by traditional air-cooled systems, addressing high energy costs in cryptocurrency mining. The company aims to expand its energy technology portfolio beyond cryptocurrency in the future.
Bitech Technologies has announced a non-binding Letter of Intent (LOI) to partner with GreenTek Mining LLC in a Joint Venture for Bitcoin mining operations in Oklahoma. Bitech will invest $2.5 million and hold a 51% stake, receiving 75% of net Bitcoin production in the initial phase. Financial forecasts predict a cumulative profit ranging from $9 million to nearly $21 million over four years, depending on Bitcoin prices. The company aims to utilize green energy for cost-effective mining, and is set to finalize the agreement within 60 days.
Bitech Technologies Corporation (OTCQB: BTTC) has announced a strategic shift to boost growth in the green energy sector, focusing on cryptocurrency mining and renewable energy solutions. The global renewable energy market is projected to reach $1.998 trillion by 2030, with technological advancements driving growth. Bitech plans to enhance its IP portfolio, enter the Battery Energy Storage System market, engage in capital market growth, and expand human capital. The company aims to leverage partnerships with CleanTek Venture Capital for technology commercialization and strategic acquisitions.