Graystone Company Announces It's Exploring Launching A Turn-Key Bitcoin Mining Solution Through Tokenization of Terrahash
The Graystone Company (OTC: GYST) announced its exploration into turn-key Bitcoin mining solutions, aiming to offer individuals the ability to acquire terrahash (TH/s) in increments of 0.10 TH/s.
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Rhea-AI Summary
The Graystone Company (OTC: GYST) announced its exploration into turn-key Bitcoin mining solutions, aiming to offer individuals the ability to acquire terrahash (TH/s) in increments of 0.10 TH/s. This initiative includes a Regulation A+ Offering for tokenization or security offerings, enabling monthly dividends from mining proceeds. Graystone seeks to differentiate itself in the U.S. market by providing a compliant and audited platform for Bitcoin mining. They aim to expand operations without diluting existing shareholders, positioning themselves as a leader in the industry.
Positive
- Exploring turn-key Bitcoin mining solutions to capture market demand.
- Regulation A+ Offering planned for tokenization of terrahash units.
- Monthly dividends from mining proceeds for TH/s Unit holders.
- Non-dilutive expansion strategy aimed at enhancing shareholder value.
Negative
- None.
Details
News Market Reaction – GYST
The recorded move for GYST in the trading session of this news was +12.28%.
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FORT LAUDERDALE, Fla., July 27, 2021 /PRNewswire/ -- The Graystone Company, Inc. (OTC: GYST) announced today that it is exploring opportunities in the high demand market of turn-key Bitcoin mining solutions. The Company is looking at creating a platform that would allow individuals to acquire terrahash (TH/s) in per unit increments of 0.10 TH/s (a "TH/s Unit"). This can be achieved by either tokenizing the terrahash or offering it through a preferred stock that could subsequently be quoted on the OTC Markets. This simple turn-key solution would enable individuals to mine Bitcoin through an audited, United States Securities and Exchange Commission qualified offering with independently audited annual financial reports. This concept has not been adapted into the crypto marketplace yet and Graystone is excited to become a pioneer in this emerging industry with such offering.
The Company is working to file a Regulation A+ Offering for the tokenization or security offering for TH/s with the United States Securities and Exchange Commission. Each offering unit will be for 0.10 TH/s and will receive monthly dividends from the net proceeds of the acquired TH/s. Each TH/s Unit will receive
Graystone strongly believes that the tokenization approach will help the company to expand its mining operations in a non-dilutive manner to its shareholders while providing a sought-after service that is currently lacking within the United States. This unique approach will help us to differentiate ourselves from other mining companies in the industry, additionally we see it as a necessary milestone that will get us closer to the ultimate goal of becoming one of the largest Bitcoin Mining companies in the United States.
About The Graystone Company, Inc.
Graystone Company operates two divisions: A Bitcoin BTC mining operation and a Wellness, Longevity and Anti-Aging product line. The Graystone Company, Inc. (OTC PINK:GYST) is headquartered in Fort Lauderdale, FL., and can be contacted at www.thegraystonecompany.com or by phone @ (954) 271-2704.
Corporate Website: www.thegraystonecompany.com
Corporate Twitter: https://twitter.com/TheGraystoneco
Graystone Mining Twitter: https://twitter.com/Graystonemining
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
For more information:
Graystone Company
Email: info@thegraystonecompany.com
Phone: (954) 271-2704
View original content:https://www.prnewswire.com/news-releases/graystone-company-announces-its-exploring-launching-a-turn-key-bitcoin-mining-solution-through-tokenization-of-terrahash-301341361.html
SOURCE The Graystone Company, Inc.
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