Business
BitFrontier Capital Holdings, Inc. Finalizes Acquisition of ASICMINERSUS.COM, and Provides Shareholder Update
BitFrontier Capital Holdings, Inc. Finalizes Acquisition of ASICMINERSUS.COM, and Provides Shareholder Update.
About this update from Bitfrontier Capital Holdings, Inc.
[{"type":"text","content":"\n CRESTVIEW, FL, Feb. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – BitFrontier Capital Holdings, Inc (OTCMKTS: BFCH) is pleased to announce it has closed the Acquisition of ASICMINERSUS.COM, a company that produced revenue of over 6 million in the 2022 year. Asic Miners US LLC, a Wyoming Based company and now wholly owned subsidiary of BitFrontier Capital Holdings Inc., is a leading distributor of crypto mining hardware and soon will be rolling out hosting facilities for its clients in various states of the USA. President of Asic Miners US Andrew Gilton states, “Current and future BFCH shareholders, being a one stop shop, gives us a distinct advantage over our competitors. Instead of working with one party to source your miner only to reship to a hosting facility, we get our products direct from our factory to our very own Liquid Immersion Hosting facilities which in power cost friendly locations across the USA. We believe our business model allows us to have multiple revenue streams via one initial transaction with our customer and resulting in the most important thing to everyone going forward, revenues. We believe BFCH is the perfect entity to launch our multi-pronged strategy, and look forward to implementing it quickly.” Andrew Gilton, BFCH’s new CEO, has taken a 5-year employment agreement paid in all stock, on a performance/yearly basis to show his dedication and commitment to the future of BitFrontier Capital Holdings Inc. Andrew has extensive background in direct customer relations, sales, marketing, and has a very hands-on approach with his businesses. Details of the Acquisition of Asic Miners US were posted over the weekend and can be found on otcmarkets.com in the disclosure section. Heading the Board of Directors will be Tom Corker, General Partner of TnT Business Ventures. A serial entrepreneur and veteran of multiple successful startups, Tom has already stated in a previous introduction video that he is the yin to Andrew’s yang. Tom has agreed to offer guidance as we build out our team and bootstrap our company back to a position of revenue and industry leadership. Tom has extensive background in telecommunications, product management and marketing as well as having the connections that can take us to the next level. The new BitFrontier Capital Holdings Inc aims to focus on crypto...