Welcome to our dedicated page for Bullet Blockchain news (Ticker: BULT), a resource for investors and traders seeking the latest updates and insights on Bullet Blockchain stock.
Bullet Blockchain Inc. (BULT) drives innovation in blockchain infrastructure and Bitcoin ATM technologies through its proprietary software solutions. This news hub provides investors and industry observers with essential updates on the company’s strategic initiatives, licensing programs, and market expansions.
Access real-time announcements covering BULT’s patent-backed Bitcoin ATM deployments, SaaS platform developments, and partnerships within the digital asset ecosystem. Our curated collection includes earnings reports, intellectual property milestones, and leadership updates critical for understanding the company’s position in financial technology markets.
Key updates feature progress in Web 3.0 integrations, licensed operator growth, and global expansion strategies. Bookmark this page to monitor how BULT’s unique blend of blockchain expertise and revenue-sharing models shapes accessible cryptocurrency services worldwide.
Bullet Blockchain, Inc. (BULT), based in Reno, NV, has entered a licensing agreement with TekX Mining and Gaming PC Solutions LLC, which will manufacture Bitcoin ATMs using BULT’s patented technology. The agreement obligates TekX to pay royalties for each ATM produced. TekX’s kiosks will feature two-way functionality, enabling both purchase and sale of Bitcoin, and will be manufactured in the USA with a 5-year warranty. The Bitcoin ATM market, valued at approximately USD 116.7 million in 2022, is projected to grow at a CAGR of 62.5% from 2023 to 2030, driven by increasing demand and installation of crypto ATMs globally.
Bullet Blockchain, Inc. (BULT) announced a leadership transition on December 13, 2022, with the appointments of Simon Rubin as CEO and new directors Yuri Abramov and Simon Rubin to its Board of Directors. This new team aims to leverage recently acquired Bitcoin ATM patents to create licensing agreements and develop services within the Bitcoin ATM industry. Simon Rubin brings over 10 years of blockchain experience, while Yuri Abramov has extensive expertise in applied physics and technology development. The company focuses on expanding revenue opportunities in the evolving blockchain market.
Bullet Blockchain, Inc. (BULT) has acquired a wholly owned subsidiary from BOTS Inc. that holds the rights to U.S. Patent No. 9,135,787, crucial for Bitcoin ATM operations. This acquisition enables BULT to establish licensing agreements within the Bitcoin ATM industry, which includes fees from manufacturers and operators. The global crypto ATM market is projected to grow at a CAGR of 61.7%, valued at USD 75 million in 2021. With over 34,119 Bitcoin ATMs in the U.S., BULT aims to develop a worldwide Bitcoin ATM network, enhancing cryptocurrency accessibility for users.
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