ATIF Holdings Limited Announces Strategic Diversification to Bitcoin Business

Rhea-AI Summary

ATIF Holdings Limited (NASDAQ: ZBAI) has announced its strategic entry into the Bitcoin sector with a comprehensive five-year plan to acquire 1,000 BTC through direct purchases and mining operations. The company has selected West Texas as its primary location for mining operations, citing favorable regulatory conditions, affordable land, and competitive electricity costs in the region's deregulated power market. The strategy includes both direct BTC purchases from the open market and the development of proprietary mining facilities. CEO Kamran Khan emphasized Bitcoin's role as both a long-term store of value and a strategic growth asset. The company has already initiated BTC purchases and plans to continue market acquisitions while developing energy-efficient, sustainable mining operations with smart grid integration.

Positive

• Strategic diversification into Bitcoin sector with clear 5-year target of 1,000 BTC accumulation
• Selection of cost-effective location in West Texas with favorable regulatory environment and competitive power costs
• Dual approach combining direct BTC purchases and mining operations for balanced growth
• Focus on energy efficiency and sustainable operations through smart grid integration

Negative

• Significant capital expenditure required for mining infrastructure and BTC purchases
• Exposure to Bitcoin's price volatility and market risks
• Operational risks associated with new mining venture and infrastructure development
• Competition from established mining operations in Texas

Irvine, California, June 05, 2025 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ZBAI), today announced its strategic expansion into the Bitcoin (BTC) sector with an ambitious five-year plan to accumulate 1,000 BTC through a combination of direct purchases, and mining operations.

As part of this initiative, ATIF Holdings will deploy a hybrid approach in the next five years including:

• - Direct acquisition of BTC in the open market;
• - Building and Operating proprietary BTC mining facilities; and/or acquiring operating BTC mining sites

The company has tentatively selected West Texas as the primary location for its proprietary mining operations. This decision is driven by several key factors: Texas' favorable regulatory environment for digital asset mining, abundant and affordable land, and a well-developed, deregulated electricity market with competitive power costs. Additionally, ATIF Holdings aims to implement advanced power utilization strategies to further reduce production costs and enhance overall operational efficiency.

"We view Bitcoin not only as a long-term store of value but also as a strategic asset for growth and diversification," said Kamran Khan, the CEO. "Our investment in mining infrastructure—particularly in a power-efficient region like West Texas—positions us to participate directly in Bitcoin’s network while optimizing cost control and scalability."

The planned mining facilities will emphasize energy efficiency, sustainable operations, and smart grid integration, aligning with broader industry trends towards responsible and forward-looking crypto infrastructure development.

The company has purchased BTC in the open market and plans to continue to do so in the near future.   

This move marks a significant evolution in ATIF Holdings' business and underscores its commitment to innovation and long-term value creation in emerging technologies.

About ZBAI

ATIF Holdings Limited (NASDAQ: ZBAI) is a business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States. The Company is currently exploring business opportunities in the BTC sector.

Forward-Looking Statements

Certain statements in this press release are "forward-looking statements" within the meaning of the "safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, "estimated," "projected," Words such as "expect", "anticipate", "predict", "plan", "intend", "believe", "seek", "may", "will", "should", "future", "propose" and variations of these words or similar expressions (or the opposite of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements do not guarantee future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control and may cause actual results or achievements to differ materially from those discussed in the forward-looking statements.

Important factors include:

• Bitcoin price and uncertainty in the regulatory of the crypto currency industry;
• future financial and operating results, including revenues, income, expenses, cash balances and other financial items;
• Ability to manage business development, growth and expansion; Current and future economic and political conditions;
• The ability to compete in industries with low barriers to entry;
• The ability to obtain additional financing to fund capital expenditure for the planned business in the future.
• Ability to attract new customers and further enhance brand awareness;
• Ability to hire and retain qualified management and key staff for the current and planned business;
• Trends and competition in the financial advisory services industry;
• Pandemic or epidemic disease and etc.

Except as required by law, the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the expected results expressed or implied by the forward-looking statements we make. You should not interpret forward-looking statements as predictions of future events. Forward-looking statements represent only the beliefs and assumptions of our management as of the date such statements are made. The above forward-looking statements are made as of the date of this press release.

Contact Information

Name: Christina

Email: Christina@zbai.co

FAQ

What is ATIF Holdings' (ZBAI) Bitcoin acquisition target over the next five years?

ATIF Holdings aims to accumulate 1,000 Bitcoin over the next five years through a combination of direct purchases and mining operations.

Where will ATIF Holdings (ZBAI) locate its Bitcoin mining operations?

ATIF Holdings has selected West Texas as the primary location for its Bitcoin mining operations due to favorable regulations, affordable land, and competitive electricity costs.

How does ATIF Holdings (ZBAI) plan to acquire Bitcoin?

ATIF Holdings plans to acquire Bitcoin through two methods: direct purchases from the open market and operating proprietary Bitcoin mining facilities.

What sustainability measures is ATIF Holdings (ZBAI) implementing in its Bitcoin mining operations?

ATIF Holdings plans to implement energy-efficient facilities with smart grid integration and sustainable operations, focusing on optimizing power utilization strategies.

Has ATIF Holdings (ZBAI) already started purchasing Bitcoin?

Yes, ATIF Holdings has already begun purchasing Bitcoin in the open market and plans to continue doing so in the near future.