Bullet Blockchain Completes Merger to Enter the U.S. Public Markets

CORK, REPUBLIC OF IRELAND / ACCESSWIRE / August 14, 2021 / Bullet Blockchain LTD. (‘Bullet’ or the ‘Firm’), a turnkey crypto mining operation targeted on effectivity, stability, transparency and scalability, introduced at the moment, that the Firm has accomplished its reverse merger to enter the U.S. public market.

Whereas Bullet’s administration is happy to supply specific particulars relating to the reverse merger, it plans to take action on Monday, August 16th, 2021. This could give the general public entity that the Firm has merged with, the time wanted to finish the mandatory filings to formally codify the merger with the Nevada Secretary of State.

Merger paperwork have been executed between Bullet and another reporting, OTC Markets, pink sheet firm (integrated within the State of Nevada) that’s not but present with its filings. Nevertheless, administration anticipates that they’ll be capable to carry the general public entity present with its filings in pretty brief order; significantly as a result of, the Public Accelerator-Incubator, Digital Asset Monetary Network, Inc. (‘DigitalAMN’), had beforehand started helping the goal Firm with this endeavor. One different vital merchandise to notice, is that a lot care and a spotlight is being given to how the general public entity will in the end be restructured. Whereas it might usually be customary to reorganize the capitalization desk (i.e. reverse inventory splits, enhance to approved shares, and so on.), administration is dedicated to defending current shareholders, throughout and after any restructuring which may happen.

That is significantly true as Administration’s intent is to repeatedly construct shareholder confidence by means of working a profitable enterprise and delivering on the Firm’s long-term worth proposition. And naturally this begun with the Firm having already met expectations – taking possession of 3,500 ASIC Miners to solidify its initial bitcoin mining operations on time. Administration believes this has allowed Bullet Blockchain to responsibly enter the U.S. public market with its bitcoin miners totally operational.

For extra data, please go to https://bulletblockchain.com/.

About Bullet Blockchain

Bullet Blockchain, LTD. is a blockchain expertise firm within the Republic of Eire that secures the bitcoin blockchain ledger. Bullet has secured partnerships that affords the Firm entry to extremely coveted {hardware}, land, buildings, gasoline, mills, racks, safety, and so on. Bullet has secured 200 megawatts of electrical energy and infrastructure capability for six,000 petahash and has deployed an preliminary {hardware} fleet of three,500 subsequent era ASIC miners-focused on bitcoin mining – with an preliminary hash fee capability of 315 petahash and 12 megawatts of electrical energy.

Bullet is assured it might handle its bitcoin mining operations at a far lesser value per kilowatt than business opponents, due to this fact producing bitcoin at a decrease value with larger revenue. Bullet is concentrated on effectivity, stability, transparency, and scalability, and plans to swiftly scale operations to 60,000 miners throughout the subsequent 12 months.

For investor and normal data, please e-mail contact@BulletBlockchain.com.

Ahead Trying Statements

Statements on this press launch that aren’t statements of historic or present reality represent ‘forward-looking statements.’ Such forward-looking statements contain recognized and unknown dangers, uncertainties and different unknown components that might trigger the Firm’s precise working outcomes to be materially completely different from any historic outcomes or from any future outcomes expressed or implied by such forward-looking statements. Along with statements that explicitly describe these dangers and uncertainties, readers are urged to think about statements that include phrases similar to ‘believes,’ ‘perception,’ ‘expects,’ ‘anticipate,’ ‘intends,’ ‘intend,’ ‘anticipate,’ ‘anticipates,’ ‘plans,’ ‘plan,’ to be unsure and forward-looking. No data on this press launch must be construed as any indication in any way of our future revenues, inventory value, or outcomes of operations.

Contact: contact@BulletBlockchain.com

SOURCE: Bullet Blockchain LTD

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