Graystone Stock Price, News & Analysis

Graystone Company (OTCQB: GYST) has announced its entry into the Metaverse, establishing a new division dedicated to real estate development in Decentraland. The company aims to acquire virtual real estate parcels, with the first transaction expedited to Q1 2022, originally slated for Q4 2022. Graystone's move aligns with growing interest from major retailers in the Metaverse, potentially tapping into a $1 trillion annual revenue opportunity. The division will also pursue collaborations with other businesses to enhance their presence in this digital space.

Graystone Company, Inc. (OTCQB: GYST) has officially commenced trading on the OTCQB Venture Market, enhancing its profile and visibility in the investment community. The upgrade is expected to attract a broader shareholder base and increase liquidity. Anastasia Shishova, President of the Company, stated this milestone is part of their long-term strategy to expand and grow their bitcoin mining operations. All companies on the OTCQB must comply with stringent standards, ensuring transparency to investors.

Graystone Company (OTC: GYST) reported preliminary unaudited revenues of approximately $185,000 for January 2022, surpassing the total revenue for the entire fiscal year of 2021. This growth stems from its cryptocurrency mining operations, sales of mining equipment, and gains from digital currency sales. CEO Anastasia Shishova highlighted the company's commitment to expanding its bitcoin mining operations and exploring opportunities within Metaverse platforms. The positive momentum positions GYST well for future growth in 2022.

Graystone Company, Inc. (OTC: GYST) has announced its expansion in bitcoin mining by securing 9 additional machines, bringing the total on order to 50. Mining operations began on September 15, 2021, with a plan to acquire 8-20 machines monthly for the next 6 months, ultimately reaching up to 300 machines by the end of 2022. The company also aims to sublease some equipment to third parties for supplemental revenue. Emphasizing patience and long-term growth, Graystone is committed to increasing its mining hash-power and revenue.

Graystone Company, Inc. (OTC: GYST) reported significant growth for the fiscal year ending November 30, 2021. Key financial highlights include:

• Assets: Increased to $412,445 from $0
• Revenues: Jumped to $176,926 from $0
• Shareholder Equity: Rose to $365,954 from ($1,140)

The company began bitcoin mining operations on September 15, 2021, achieving a total hash rate of 4,100 TH/s. Future expansions are planned for 2022.

Graystone Company (OTC: GYST) reported preliminary unaudited results for its mining operations through December 31, 2021. From September 15, 2021, to December 31, 2021, the company generated $187,085.17 in revenue, with a cost of goods sold of $124,423.64, resulting in a profit of $62,661.53. The mining operation produced 0.8859 Bitcoin, yielding $48,285.17 in revenue, while expenses totaled $9,973.64. Additionally, GYST sold nine S19j Pro mining units for $138,800, achieving a profit of $24,350.

Graystone Company (OTC: GYST) announced plans to investigate opportunities in the Metaverse, exploring property purchases in Sandbox and Decentraland. This venture aims to expand their operations by staking and mining Metaverse tokens like MANA and SAND. Established in 2021, Graystone also focuses on Bitcoin mining and the sale of mining equipment. However, future revenue projections are uncertain due to market fluctuations and operational challenges.

Graystone Company has executed a Master Purchase Agreement with Blockware Solutions for the acquisition, installation, and hosting of Bitcoin mining equipment. The deal facilitates access to inexpensive electricity, enhancing profitability compared to North American competitors. Graystone aims to leverage this partnership for long-term growth, allowing the company to adapt to market fluctuations effectively. This agreement aligns with Graystone's 10-year growth plan, poised to improve returns during favorable market conditions.

Graystone Company (OTC: GYST) has applied to up-list to the OTCQB Venture Marketplace, aiming to enhance investor visibility and liquidity. The application review process is expected to take 6-8 weeks, pending approval. The OTCQB offers increased transparency and a quality trading environment for investors. Historically, companies moving to this tier gain greater analyst coverage and compliance standards.

The company operates in two sectors: Bitcoin mining and sales of mining equipment, initiated in 2021.