BitFrontier Capital Holdings Inc (OTCMKTS: BFCH) has been rising steadily in recent trading recently surging out of sub penny land well into penny land. The stock is emerging as a volume leader topping $250k in dollar volume on Friday alone.
BFCH is quickly attracting shareholders at current levels who continue to bid the stock higher and see good things on the horizon. BFCH has a history of running up the charts running from $0.0037 to highs over $0.04 in June of last year as the Company built out the foundation of their first crypto mining facility as well as cancelling 12.26 Billion shares.
BitFrontier Capital Holdings Inc (OTCMKTS: BFCH) business plan is to concentrate on cryptocurrency related investments and development opportunities through cryptocurrency mining, investments in private and/or public entities, joint ventures and acquisitions of blockchain 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 plans to build a warehouse specifically designed for hosting cryptocurrency mining equipment. Cryptocurrency 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 blockchain and thereby confirm digital asset transactions. A party which is successful in adding a block to the blockchain is awarded a fixed number of digital assets in return.
In November of last year BFCH announced that the Company has taken delivery of its first bulk order of Crypto Miners. Timing of the delivery couldn’t have come at a better time as completion of wiring of our first facility is now nearing completion.
BitFrontier Capital Holdings CEO, Spencer Payne, stated, “This process has been long and strenuous but we’re finally almost ready to start mining. In the interest of protecting our dedicated shareholders, management has and will continue to complete any tasks we can in house in order reduce costs and refrain from diluting our share structure. While this isn’t the easiest or quickest way to get things accomplished, we do believe it will be extremely beneficial in the long term.”
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On April 22 BFCH announced “Crypto Minute TV” will begin the launch of the Company’s much anticipated Television marketing campaign for BitFrontier Capital Holdings, Inc., (OTC PINK: BFCH). Phase one of the campaign for BFCH will begin prior to May 1st, 2020 with the initial spots airing on the FOX News Network followed by rapid expansion to additional TV and radio media networks and other venues.
BFCH subsidiary Telesis IT, LLC is an IT Managed Service Provider that consults, provides, and manages cloud-based services including the Microsoft 365 Suite, secure email encryption and archiving, secure file sharing and storage solutions, backup and disaster recovery, and desktop-as-a-service. Telesis IT President, Ronnie Williams, said “We are uniquely positioned to provide cloud-based solutions to businesses enabling them to deploy a secure, remote workforce during these unprecedented times in addition to work from home opportunities that will include investing in bit miners. We have opportunities for individuals and entire companies to continue generating and/or start generating revenues from home. For more info please email us at salesteam telesisit.com”
The “Crypto Minute TV” marketing campaign for BitFrontier Capital Holdings and the Company’s wholly owned subsidiary Telesis IT will include both U.S. and international networks and markets. Segments will be aired on major cable and television networks across the country and internationally showcasing their combined investment and at-home income generating opportunities in the emerging Bitcoin, Digital, and Crypto-Currency sectors.
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Currently trading at a $2.7 million market valuation BFCH is an exciting story developing in small caps; we covered the Company in June of 2019 when they were busy building out the foundation of their first crypto mining facility and recently announced contractors have finished construction of the foundation ahead of schedule. More recently BFCH said it has taken delivery of its first bulk order of Crypto Miners. Timing of the delivery couldn’t have come at a better time as completion of wiring of our first facility is now nearing completion. The Company also announced “Crypto Minute TV” will begin the launch of the Company’s much anticipated Television marketing campaign for BitFrontier Capital Holdings, Inc., (OTC PINK: BFCH). Phase one of the campaign for BFCH will begin prior to May 1st, 2020 with the initial spots airing on the FOX News Network followed by rapid expansion to additional TV and radio media networks and other venues. We will be updating on BFCH when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BFCH.
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Disclosure: we hold no position in BFCH either long or short and we have not been compensated for this article.