BitFrontier Capital Holdings, Inc. (OTC PINK: BFCH) Provides Shareholder Update
Fredericksburg, VA - 
(NewMediaWire) - June 30, 2021 - BitFrontier Capital Holdings, Inc.
(OTC PINK: BFCH) is pleased to announce it has completed all financial
statements required to return to “Pink Current” status, which will be posted
upon OTC Markets completing its review of our application. Everything required
from the Company has been submitted to OTC Markets by their required deadline
of June 30. They have advised us that application processing time is currently
6-8 weeks.
Additionally,
we are excited to announce Bryan Wilkinson has been appointed as an independent
Board Member of the Company, effective immediately. Mr. Wilkinson will be
taking over investor relations and shareholder communications to provide our
shareholders with more frequent updates. While we have accomplished a lot at
our first mining facility and continue to do so, we want to acknowledge that
consistent communication has not been our strength, which is what we intend to
improve on with the addition of Mr. Wilkinson.
Further,
Mr. Wilkinson would like to add, “Having been an early funder/investor in
BitFrontier, I was able to see first-hand the passion and expertise
BitFrontier’s Board of Directors brings to the table. Knowing how investing
works, and how important it is to have transparency and shareholder
communications coupled with the drive and work ethic behind this management
team seemed like the perfect fit for me. I try to tell everyone that runs a
public company there’s two sides to it, one is the company itself, the other is
the public side. I am very excited to join a team and bring the key roles that
BitFrontier has been lacking to take it to the next level.”
About
BitFrontier Capital Holdings, Inc.
About
BitFrontier Capital Holdings, Inc.:
BitFrontier
Capital Holdings' business plan is to concentrate on crypto-currency related
investments and development opportunities through crypto-currency mining,
investments in private and/or public entities, joint ventures, and acquisitions
of block-chain related companies. BitFrontier Capital Holdings has two wholly
owned operating subsidiaries, BitFrontier Capital Investments, Inc. and
BitFrontier Technologies, Inc. Through the Company's wholly owned subsidiary,
BitFrontier Technologies, Inc., the Company is currently in the final stages of
construction of a warehouse specifically designed for hosting crypto-currency
mining equipment. Crypto-currency mining (e.g. Bitcoin mining) entails running
ASIC (application-specific integrated circuit servers or other specialized
servers which solve a set of prescribed complex mathematical calculations in
order to add a block to a block-chain and thereby confirm digital asset
transactions. A party which is successful in adding a block to the block-chain
is awarded a fixed number of digital assets in return.
For
additional information please visit www.bitfrontiercapitalholdings.com and
follow us on twitter at https://twitter.com/BitFrontierInc
NOTES ABOUT
FORWARD-LOOKING STATEMENTS
Except for
any historical information contained herein, the matters discussed in this
press release contain forward-looking statements that involve risks and
uncertainties, including those described in the Company's reports and filings
at https://www.otcmarkets.com/
Certain
statements contained in this release that are not historical facts constitute
forward-looking statements, within the meaning of the Private Securities
Litigation Reform Act of 1995, and are intended to be covered by the safe
harbors created by that Act. Reliance should not be placed on forward-looking
statements because they involve unknown risks, uncertainties and other factors,
which may cause actual results, performance or achievements to differ
materially from those expressed or implied. Forward-looking statements may be
identified by words such as estimates, anticipates, projects, plans, expects,
intends, believes, should and similar expressions and by the context in which
they are used. Such statements are based upon current expectations of the
Company and speak only as of the date made.
BitFrontier Capital Holdings Investor Relations
540-736-3069
IR@bitfrontiercapitalholdings.com
