Creek Road Miners, Inc. (OTCQB:CRKR) has announced a strategic shift from live events to cryptocurrency mining operations. Under the leadership of CEO Scott D. Kaufman, the company sold its event production rights to Fan Expo and is focusing on establishing a mining business leveraging stranded natural gas for energy. Creek Road plans to deploy 160 miners and has secured funds exceeding $3.5 million. The initiative aims to control energy costs and maintain dual revenue streams, while managing potential logistic delays due to COVID-19.
Creek Road Miners, Inc. (OTCQB:CRKR), formerly known as Wizard Brands, Inc. (OTCQB:WIZD), announced a name and ticker symbol change effective September 3, 2021. The rebranding reflects the company’s commitment to expanding its cryptocurrency mining operations. No action is required from existing shareholders regarding the ticker symbol change. The Company aims to develop ESG-focused mobile bitcoin mining facilities in strategic locations within the United States, utilizing energy that would otherwise be wasted during oil production.